Detroit Council Approves $142 Million in Tax Breaks for 600-Room Hotel at Joe Louis Site

April 17, 2024, 12:12 PM by  Allan Lengel

A mockup of the hotel on the left. The apartments are on the right.

The Detroit City Council this week aproved $142 milion in tax breaks for a 25-story, 600-room hotel on the riverfront at the former Joe Louis site. A pedestrian bridge will connect the hotel to to the Huntington Place Convention Center.

The principal devleoper for "Hotel at Water Square" is the Sterling Group, a real estate development and investment firm founded by Gary Torgow, who is chairman of Huntington National Bank.

The hotel will include a ground floor restaurant, a lobby bar, two ballrooms, meeting rooms, a swimming pool, spa and fitness area.  It will be next to the new Residences at Water Square, a high-end 25-story, 500-unit apartment building. 

"Thank you to our City Council for unanimously approving the Hotel at Water Square," Mayor Mike Duggan posted on X on Tuesday. "This moves the city forward as a contender. Thank you to the SterlingGroup for their vision in this newly constructed $400m world class, 600 rooms, 4 star convention hotel."

In a posting on its website, the city of Detroit stated:

"Detroit is at a significant disadvantage when competing for convention business, as the number of rooms within walking distance of the convention center and not having a connected hotel is a major concern of all meeting planners."


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