Where and how do you see this track being used? I personally would condense this track down to maybe 30 or 60 seconds taking only a variety of your arrangement to make it more interesting to the listener. At the moment it is too monotonous and repetitive to be commercially viable.
If you really are spending this amount of time on this track as you outline in your post then stop, take some time out and do not try to force something if it does not effortlessly flow. This also goes to mixing and mastering as there are many authors who spend way too long on this stage. Mixing a track really should be quick, perhaps maybe an hour at most.
All this is my own opinion, I am not a reviewer.
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