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Big things happening in downtown Kalamazoo
KALAMAZOO, Mich. (NEWSCHANNEL 3) - The future of the former Rave Theater in downtown Kalamazoo was made official Friday afternoon.
A Texas-based company, called Alamo Drafthouse Cinema is taking over the Rave.
Alamo runs a chain of theaters that includes bars and restaurants, mostly in the south.
Now, the company is making plans to call Kalamazoo home as well.
Mayor Bobby Hopewell says people are talking about downtown Kalamazoo, and it looks like lots of business may be heading this way.
In the fall of 2014, students from Western Michigan's medical school will call downtown home.
Nearly a year-and-a-half ago, city leaders and developers stood together, announcing The Exchange, a mixed-use residential and office space on the corner of Rose and Michigan.
Hopewll told Newschannel 3 that downtown is on the verge of being unmatched by any city of its size.
Late Friday night, real estate businessman and developer Ryan Reedy told Newschannel 3 of his idea for a 20 story building next to, or behind, the Wild Bull downtown.
It would be a New York quality glass tower, 6 floors of hotel rooms, 6 floors of apartments, 6 floors of office space, a banquet hall, and two restaurants.
He says his company, 3D Corp holds hundreds of events a year, attracting more than 40,000 visitors to Kalamazoo, adding that the financial reality is there, and that we should expect to see a bunch of buildings go vertical in the next three years.
Reedy says he'd like to see the tower up and running in the next 3 to 5 years.
As for the Alamo, that is expected to open up sometime this summer.