Detroit is in the midst of a construction boom, including development of a few new hotels. Both the Shinola Hotel and the Element Detroit Hotel at the Metropolitan Building are slated to open later this year. Beyond downtown, West Elm is planning a new hotel in Brush Park on Woodward, and in Cass Corridor, the 8-story Standard Accident Insurance building is in redevelopment to become a new boutique hotel.

The Michigan Strategic Fund approved $5.69 million in loans for the redevelopment today.

The $67.6 million mixed-use development in Midtown #Detroit will include hotel, banquet, restaurant, and bar space, in addition to residential units, and is expected to create 80 permanent, full-time #MichiganJobs. pic.twitter.com/t3YQBpQK6U — MI Econ Dev Corp. (@MEDC) September 25, 2018

The Albert Kahn-designed building is right by the Masonic Temple, and plans call for both residential (70 apartments) and a 100-room hotel. The design is being led by McIntosh Poris Architects, who also led the design of the Foundation Hotel.

This should be a great boost to the neighborhood, further connecting the areas between the Little Caesars Arena and surrounding district and Midtown. In recent months, the Detroit Shipping Company has opened a large dining/art/podcasting space a few streets up, and it looks like the long-vacant James Scott Mansion could open for residents any time now.

The hotel redevelopment is expected to cost $67.6 million.