Thanks to DBusiness for this:
New details were released today about the 25-story JW Marriott Hotel now under construction immediately west of Huntington Place Convention Center in downtown Detroit, at Water Square on the former site of Joe Louis Arena.
Detroit-based developer Sterling Group and the Detroit Regional Convention Facility Authority state the hotel will be connected to Huntington Place via a skybridge.
The 600-room hotel will significantly increase Detroit’s hotel room availability as the region and state seek to draw more large conventions and major events.
Given JW Marriott Detroit Water Square’s scale, caliber, and connection to Huntington Place, it is expected that the property will serve as an economic catalyst for the entire area and generate more than $100 million in new spending annually.
Further, it will help to elevate Huntington Place to the connected, convention-style hotels present in Chicago, Minneapolis, Columbus, Indianapolis, Cleveland, and other cities.
Hotel construction began in early April 2024 and is expected to be completed by March 2027.
The project is being financed by Ullico, the only labor-owned insurance and investment company in the country. The same lender provided financing for the adjacent Residences at Water Square, a 25-story, 496-unit luxury apartment building that opened in February.
The hotel project will be an all-union project and is expected to create 426 direct and indirect jobs as well as more than 600 union construction jobs.
The Detroit Red Wings left Joe Louis Arena in 2017 and the property was demolished in 2021. In February of 2022, construction began on the Residences at Water Square and the Grand Opening was in February of 2024.
Water Square will include a park planned between The Residences and the hotel. The park will be open to the public and feature a variety of plantings, hardscape features, public art, outdoor lighting, doggy station, seating areas, and river views.
For more information about Sterling Group, visit sgdetroit.com/.
