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Go Back   SkyscraperPage Forum > Global Projects & Construction > Highrise & Supertall Proposals

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  #1  
Old Posted Jan 31, 2014, 5:17 AM
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DETROIT | Statler City Apartments | 6 storeys

Quote:
Boutique hotel development planned for former Statler Hilton site in Detroit
By Kirk Pinho. January 30, 2014.

A group of Michigan and out-of-state investors plans a new development with a 118-room boutique hotel, 150 high-rise residences, a Miller Parking Services parking garage with at least 700 spaces and three restaurants on the site of the former Statler Hilton Hotel on Grand Circus Park.

A $1.5 million purchase offer and $100,000 deposit for the site on Washington Boulevard has been presented to the office of Detroit Mayor Mike Duggan, the Downtown Development Authority and the Detroit Economic Growth Corp., according to a news release.

The Downtown Detroit Executive Hotel Complex development group expects the project, dubbed the Fitzgerald Place, to be complete by the third quarter of 2015.

....

Last edited by animatedmartian; Mar 26, 2014 at 11:38 PM.
     
     
  #2  
Old Posted Jan 31, 2014, 5:53 AM
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NYC2ATX NYC2ATX is offline
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Cannot wait to see a full fleshed-out rendering. Detroit is waking up in a big way
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"Also, to be frank, I like dense cities best and care about them most." from The Death And Life of Great American Cities by Jane Jacobs.

BUILD IT. BUILD EVERYTHING. BUILD IT ALL.
     
     
  #3  
Old Posted Jan 31, 2014, 7:12 AM
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This looks promising. Great news!
     
     
  #4  
Old Posted Jan 31, 2014, 1:10 PM
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Great news for Detroit
     
     
  #5  
Old Posted Jan 31, 2014, 10:46 PM
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It turns out the city won't sell the land unless DEGC recommends them to. However, DEGC will only recommend it if they approve of the plan. Oh bureaucracy.

Quote:
DEGC: Proposed boutique hotel project at Grand Circus Park 'not realistic'
By Kirk Pinho. January 31, 2014.

A spokesman for the Detroit Economic Growth Corp. said Friday that a proposed development for the former site of the Statler Hilton Hotel on Grand Circus Park had “serious deficiencies” and was rejected by DEGC staff.

Bob Rossbach said he did not know when the proposal to build a 118-room boutique hotel, a 700-space Miller’s Parking Services garage, 150 high-rise residences and three restaurants was rejected, but it was “some time ago.”

Crain’s reported Thursday that a group of Michigan and out-of-state investors had plans for the project and that a $1.5 million purchase offer and $100,000 deposit had been made for the site and presented to the office of Detroit Mayor Mike Duggan, the Downtown Development Authority and the DEGC.

But Rossbach said Friday that the developers did not present a viable business plan. The plan included revenue and expense projections that were “not realistic,” Rossbach said. He would not elaborate.

William McCrary, the president and vice principal of the Downtown Detroit Executive Hotel Complex development group, said Friday that there was never a formal request for approval to the DEGC.

“It was never a rejection because it was never an official request,” he said. “There was never an official request with any entities.”

McCrary, who sent a press release on Wednesday night about the development, declined to reveal the cost of the project.

He said he will continue to try to purchase the Grand Circus Park land from the city. However, Rossbach said that in general, the city would only sell the land to the development group if it had a positive recommendation on the project from the DEGC.

The DEGC continues to consider alternative proposals for the site, which is owned by the city of Detroit, according to Rossbach.

...
http://www.crainsdetroit.com/article...ircus-park-not
     
     
  #6  
Old Posted Mar 26, 2014, 11:35 PM
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The site now has a proposed mid-rise apartment building.

Quote:
2 new apartment projects OK'd for downtown Detroit as Mayor Duggan shows hands-on interest in development
March 26, 2014. By John Gallagher. Detroit Free Press Business Writer





Downtown Detroit’s hot rental market will get some needed units with approval of two apartment projects Wednesday by the Downtown Development Authority, including a bank of rental apartments planned for atop the Griswold parking deck near the Westin Book Cadillac.

The Griswold was originally planned as condominiums but the project fell apart during the Great Recession. It was resurrected and came back to the DDA on Wednesday as a $22-million apartment rental project.

In the second deal, the Village Green apartment development firm plans to build a 200-to-250 unit residential apartment project on the site of the former Statler Hotel near Grand Circus Park. The total project cost was estimated at $35 million to $40 million. The project is called the Statler City Apartments and will face Grand Circus Park between Washington and Bagley. Developers hope to start construction in two years.

“There’s just an incredible demand,” David DiRita, a partner in the Roxbury Group, developer of the Griswold project, told the DDA board. “We see the Griswold as an critical component of the larger redevelopment of the West District and builds on the current momentum in Capitol Park.”

Although many older buildings in the greater downtown have been renovated as rental apartments recently, the two DDA-approved projects mark the first large-scale new construction of apartments since the Riverfront towers in the early 1990s.

....

The Village Green project would take at least two years to finish its project including an initial year of city planning and permitting. Duggan urged the DDA staff to work with his administration to shorten that time span.

“This is phenomenal,” Duggan said of the project as he insisted on speed. “I would like to cut out whatever we can cut out on the front end.”

Jonathan Holtzman, head of the Village Green development company, told the DDA board that his project was designed to bring more walkable urbanism to the downtown core. He said he is negotiating with a restaurant, a pet store, an ice cream shop, and other retailers to take space in his building in addition to the apartments.

“We need to drive that retail by having more people downtown,” he said. Apartments at the Statler City project will range from 400 square feet to 1,200 square feet, aimed at a younger renter just entering the market.
     
     
  #7  
Old Posted Mar 26, 2014, 11:43 PM
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Meh, double post.
     
     
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