400 Main LLC Unveils Plans for New Hotel, Office Buildings in Royal Oak
By Veronica Grecu, Associate Editor
A group of real estate developers known as 400 Main LLC is seeking approval for a multi-building redevelopment project that would breathe new life into a vacant property in Royal Oak that used to house a Fresard car dealership.
If the project designed by local firm Krieger Klatt Architects gets the go-ahead from the City Planning Commission, the site located on Main Street—north of 11 Mile—would be replaced by a $30 million mixed-use development, The Daily Tribune reports.
After a failed attempt to lure Hotel Indigo to the area, 400 Main LLC and Hilton agreed to create a 114-room boutique hotel in the city. According to the source, the new Hilton Garden Inn hotel would include nearly 5,500 square feet of meeting/banquet space, a restaurant/steakhouse that hasn’t been named yet, a lounge and a fitness center for the guests.
The project will also include an eight-story residential building with a mix of one-bedroom, two-bedroom and studios totaling 82 units. An adjacent five-story mixed-use building would feature a restaurant on the first floor and office space for the remaining levels. The development plans also call for a smaller building at the northwest corner of the site, which will offer retail space on the ground floor and office space on the upper two levels. Finally, the project includes a four-level parking garage with 431 parking spaces, according to Patch.com.
Rendering courtesy of Krieger Klatt Architects via Patch.com
Tags: Development, Multi-Family, Office, Retail