Crain’s Detroit: Developer plans$44 million hotel conversion of downtown Detroit building

Developer plans $44 million hotel conversion of downtown Detroit building

A Detroit-based developer plans a 135-unit hotel in a largely vacant building it bought earlier this year.

Method Development LLC is proposing a redevelopment of the Merchants Building, located at 206 E. Grand River Ave. at Broadway Street, consisting of the hotel space a flag is not yet known plus food and beverage and event space and a rooftop bar. Detroit-based Kraemer Design Group is the architect of record on the project.

Source: Crain’s Detroit (Full story here.)