This is a bit of a shock. Per the Free Press’s Adrienne Roberts:
Real estate billionaire Stephen Ross and the Ilitch organization have submitted a development plan for a new $190 million hotel that will be located next to Little Caesars Arena.
The plan for a 14-story, 290-room hotel, which will also include up to 30,000 square feet of street-level retail, food and beverage space, was submitted to the Detroit Downtown Development Authority this week. Construction would start in 2024 and take three years to complete.
“A hotel on the doorstep of the second busiest arena in the nation will position Detroit to attract more of the world’s most-watched entertainment events and invite visitors to extend their stay and experience more of this great city and growing neighborhood,” Andrew Cantor, president of Related Michigan, Ross’ real estate firm, said in a release.
“The hotel, food and beverage and other amenities proposed will create a wide variety of good jobs and attract people from the region, state and beyond to The District Detroit,” Keith Bradford, president of Olympia Development of Michigan and The District Detroit, said in the release.
Earlier this year at the Mackinac Policy Conference, Ross said it would be an Equinox Hotel. The first, and so far, only, Equinox Hotel opened in 2019 within Ross’ Hudson Yards development in New York City. Ross’ firm also owns the upscale Equinox gym chain.
Dope. Bring the people.