$94M David Whitney Building Redevelopment Brings Apartments, Hotel to Detroit Hotspot
- Dec 29, 2014
The redevelopment of Detroit landmark The David Whitney Building is complete. Following an investment of $94.5 million, the now fully renovated structure features 108 apartments at The Residences and a 136-key Aloft hotel, reports Crain’s Detroit Business.
According to Crain’s, the redevelopment project kicked off in 2011, when the property was picked up for $3.3 million by Whitney Partners LLC, a joint venture comprised of The Roxbury Group and VOS Hospitality, a division of Trans Inns Management Inc. At that point, the 1915-built structure, located in one of Detroit’s hot spots, 1553 Woodward Avenue, had been sitting vacant for over a decade. As previously reported, the project was funded by $82.5 million secured by The Roxbury Group and $8.5 million granted by the Michigan Strategic Fund. Renovation work included restoring exterior design elements removed in the 1950s and the four-story lobby with its glass atrium. VOS Hospitality, the lifestyle boutique arm of Trans Inns, will manage the hotel and apartments as well the property’s retail/restaurant space, located at street level.
Occupying floors two through nine, the Aloft Detroit at The David Whitney marks the brand’s debut in Motor City. The recently opened Starwood Hotels & Resorts Worldwide, Inc. franchise features 136 loft-style rooms at an affordable price. Amenities include eight meeting rooms totaling 6,670-square feet of flexible meeting space, a business center, 24-hour fitness center, Aloft’s signature W XYZ bar, billiards, bowling and on-site parking.
Located on the building’s top nine floors, The Residences comprise 108 apartments featuring high-end finishes such as stainless steel appliances, ceramic tile, hardwood floors and granite countertops. Units include one- , two- and three-bedroom apartments. Residents can enjoy access to amenities such as a fitness center, business center, covered parking, storage units, private elevator, housekeeping, valet parking, catering and 24-hour security. According to Crain’s Detroit Business, all units are occupied, with a waiting list in place. Residents will start moving in beginning in January in a phased manner.
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Image courtesy of The David Whitney Building via Pinterest