“Since 1990, more than $500 million have been invested in downtown Kalamazoo and 2,500 new jobs have been created, signifying that there’s more than a pulse in this city.”
As Kalamazoo’s economic engine, downtown employs approximately 13,000 people, cultivating nearly 700 businesses (over 1,000 citywide). Kalamazoo’s downtown, the central business district of Southwest Michigan, is a great place for growth and success, where roots in this area start to take hold, transforming businesses into destinations. The Kalamazoo Mall, the first outdoor pedestrian mall in America established in 1959, and Bell’s Brewery, the first Michigan brewery to open an onsite pub in 1993, are true testimonies to Kalamazoo’s downtown business vitality. The vision and perseverance of downtown’s economy is alive and well, raising businesses like yours that have the potential to achieve national recognition and a place in Kalamazoo history.
Kalamazoo’s downtown is a unique model for many communities. Today, Kalamazoo is focused on redeveloping old industrial buildings that have raised great businesses of the past and returning them to a place of pride for new business. The Arcadia Buildings are the next historic properties destined for revitalization. Designed and built in 1872, these two buildings were used for various purposes over the years, and home to big name companies, including Lawrence and Chapin Iron Works, Vermeulen’s Furniture Co., and Shakespeare’s Co. Today, the two buildings, with their classic feel and modeled Secondary Empire architecture, are treasured both locally and abroad. The south building, known as the Vermeulen Building, was first erected in 1872 and named the Lawrence and Chapin Building. It is on the national registry for historic places. The north building, also known as the Varnum Building, was built 120 years later in 1992. The Varnum Building borrows the most important architectural feature of the Vermeulen Building, immense and expansive windows, which allow abundant natural light to flow through the office space. The Arcadia Buildings feature opportunity for new business to join a collective mix of businesses in healthcare, financing, and legal services.
Plazacorp Realty Advisors Inc., the property manager for the Arcadia Buildings, has been serving the City of Kalamazoo and Southwest Michigan for nearly 20 years for all commercial real estate and property management needs. With nearly 1,000,000 square feet under management, including four other buildings in downtown Kalamazoo, all with historical significance to the community, PlazaCorp has a Class-A office space ready for your company.
Downtown Kalamazoo-based PlazaCorp, a development, brokerage, leasing, and management company, is solely dedicated to its managed holdings, from developing to growing and eventually prospering. The Globe Building, housing PlazaCorp’s own office, has gone from condemned conditions to its glorified state since Jeff Nicholson, the founder of PlazaCorp, brought his vision to life. Today, the building is home to a diverse collection of businesses, including Aerotek, Chemical Bank, BDO Seidman Alliance, and a local favorite, the Kalamazoo Beer Exchange, Michigan’s #1 craft beer bar! From then on, PlazaCorp has capitalized on downtown development opportunities. Among its downtown Kalamazoo portfolio are the Globe, United, Kalwards, Shakespeare, and Speareflex buildings. The United, Kalwards, and Shakespeare buildings are 100 percent leased, while others are approaching full occupancy.
PlazaCorp is proud to offer up to 45,000SF of leasable Class-A office space in the heart of downtown Kalamazoo.
AVAILABLE FOR IMMEDIATE OCCUPANCY:
- Individual Floor Plates of 15,000SF
- Divisible 2,000SF – 6,000SF Suites
Steps to banking, dining, and entertainment
Vermeulen Building (South Building) Floor 1
Varnum Building (North Building) Floor 1
Varnum Building (North Building) Floor 2
Steering downtown Kalamazoo in a healthy economic direction are organizations and companies like PlazaCorp. These interested parties are focusing on investing and developing historical areas with great future potential. Businesses seeking that signature space can benefit from the quality of life and experience downtown provides.