Exchange Place ... Changing the face of downtown
110 N. Market

Exchange Place, located at the northeast corner of Market and Douglas, is one of Real Development's signature projects - one that incorporates both urban living and life services. "The project will actually transform an entire block downtown, removing blight and creating additional activity in the heart of Wichita," said Michael Elzufon, CEO of Real Development. "Exchange Place is a lifestyle project -- not just "units" -- bringing the completely unexpected to downtown Wichita. Focused around each area of our lives, the project is full of exquisite amenities, features and services that deliver a healthy, exciting, efficient and affordable lifestyle.

We also believe that a strong residential community downtown is the next step in our downtown revitalization efforts. Along with our phase I commercial work that has begun to bring an office market back, Exchange Place will be a major asset in helping us continue those successes by bringing more activity and services to the core, creating solutions for both the office and residential markets. The two will fuse together and build upon each other."

The project will undoubtedly be the City's most sophisticated and affordable residential development with exquisite units and amenities that define urban living at its best. With 63 studio apartments ($726 per month), 122 one-bedroom units ($921 per month) and 45 two-bedroom apartments ($1580 per month), there?s something for everyone who?s looking for the best of the best in Wichita.

Amenities will include:

• Rooftop resort and social club: 2500 SF clubhouse and client lounge equipped with a professional kitchen and floor to ceiling windows leading to an 18,000 SF outdoor resort. (Located above the parking garage and Douglas Building). The outdoor resort features six cabanas (each with a fully-equipped grilling and kitchenette area, a dining area, and for lounging, a queen-sized bed and two chaise lounges, electrical outlets and audio devices); fireplaces, a community size hot tub, wading pools, sun bathing deck and oversized movie screen
• Rooftop managed with full food and beverage services, meeting and banquet facilities with direct access from public parking garage
• Dry cleaning and housekeeping services
• 1,700 SF game room on the third floor of the building
• Secure on-site pet park with a full pet washing/grooming station
• A high-tech automated parking garage that not only secures your vehicle but washes it in the commercial-grade onsite car wash while you sleep!
• On site oil change and vehicle maintenance services
• Free use of dozens of bicycles, rollerblades etc. to promote the project's healthy lifestyle emphasis

Proposed to feature the Midwest's first automated garage, convenience is key - as the system will deliver vehicles swiftly, keep them secure and wash your vehicle while you sleep (costs included in rent). With a total capacity of 298 spaces, the shared parking system will also be available for use by nearby office workers and the general public while preserving residential spots. It's the perfect "Wichita goes hi-tech" mixed-use parking project that others around the globe will envy.

The first floor (22,849 SF) development will include an urban grocery market, with plans to feature healthy foods; a full service deli (single serve and gourmet grab-and-go); hot, fresh meals; a food service preparation area that provides catering for the broader community; prime meats; fresh vegetables and produce; and more. The market, due to its unique offerings will also become a destination, drawing from outside of downtown as well. A full online store will also complement the community's ability to have the finest food whenever, wherever. Details will be forthcoming.

Plans continue to evolve and you'll want to stay tuned for new information as the exciting project takes shape! Construction is scheduled to begin in the Fall of 2010 - contact Craig Simon with Simon Palmer Properties at 771-7102 to be added to the list of people who will receive priority attention once we're renting!

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Parking Garage