KALAMAZOO, MI — A 2024 fire gave the Peregrine Company, owners of the Peninsula Building, the chance to rethink what they wanted on the building’s second and third floor.
Their answer was 11 income-restricted, workforce housing units to fill a gap in downtown Kalamazoo’s housing market.
“There are people who want to live downtown and may work downtown or nearby, but who are priced out of some of the higher-priced market-rate apartments,” said Natalie Valentine, president of the Peregrine Company…