The owner behind Kalamazoo Beer Exchange has another stock-market bar in the works, this time in downtown Detroit.

James Flora, who opened a bar and restaurant in Kalamazoo in 2010 where beer costs fluctuate like stock prices, now plans to open a Detroit Beer Exchange, he confirmed to Crain's.

The bar is planned for 1258 Washington Blvd., in Detroit-based Roxbury Group's redevelopment of the historic Stevens Building alongside Invest Detroit.

Roxbury bought the Stevens Building as a pair with the Louis Kamper Building in 2016 with Invest Detroit, and it is keeping them as affordable senior housing after renovations.

They have nearly 9,000 square feet of retail space, according to Roxbury's website.

Roxbury principal David Di Rita first teased that a brewpub would be coming to the redevelopment project back in September during a Downtown Detroit Partnership stakeholders meeting.

Roxbury spokesman Dan Austin said Tuesday that the developer referred comment to the tenant.

"We're very excited and we have been for quite some time," said Flora, a Berkley native.

He declined to disclose more details, including timeline for a potential buildout and opening, saying more information is "to come."

Flora had previously planned a second location in downtown Lansing in 2016 and 2017, but the project with Lansing-based Eyde Co. fell through, the Lansing State Journal reported. Flora declined to comment on the situation.

At the Kalamazoo exchange, which has 28 beers on tap, TVs broadcast prices and beers' per-ounce values rise and fall with demand. A "stock market crash" means beer is cheap for five minutes.

"Up-to-the-minute popularity determines pricing for each brew and in the most exciting moments, a Market Crash plunges prices lower than you ever thought possible," Kalamazoo Beer Exchange wrote on its website.

The bar serves wine and cocktails, too. It's also a full restaurant with bar fare, soup, salads, sandwiches and main courses including home-style meat loaf for $16 and a New York strip steak for $21.

Another bar modeling itself after a stock exchange, The Dow, opened in 2017 in Birmingham.