The Element Detroit at the Metropolitan project has been featured in an online article detailing a newly awarded Michigan Community Revitalization Program performance-based loan from the Michigan Economic Development Corp.
The 14-story neo-Gothic building will connect the quality of craftsmanship, originality of design, and an ambiance which permeated Detroit in 1925 with the evolving optimism, inventiveness, and holistic lifestyle defining the future of Detroit. Built in 1925 is located in the area around Grand Circus Park informally known as the “Necklace District,” a nexus for retail, fashion, and entertainment in Detroit’s heyday. The Metropolitan was a showplace to house jewelry showrooms, artisan and milliners studios, dress stores, beauty shops, artists’ studios, advertising agents, and other related businesses.
[...] Metropolitan Building received a state loan Monday for a project designed to create a new hotel for downtown Detroit.
The building will be transformed into Detroit’s first extended stay hotel: Element by Starwood. The hotel will house approximately 110 guest rooms, retail space, meeting and conference facilities, a private events suite on the uppermost floor, a penthouse, and roof deck. The revitalization project of the Element Detroit at the Metropolitan will reinstate an important office, retail and entertainment hub and play an important role in the revitalization of an urban neighborhood.
Read the full article here.