The Ilitch family's Olympia Development said Friday it has reached agreement on a revised development plan for the old Eddystone Hotel near Little Caesars Arena.

Details are to be released at the next meeting of the Detroit Downtown Development Authority, scheduled for Wednesday.

Back in April 2015, Olympia and the city agreed on a plan for the Eddystone that called for it to be reopened as a mixed-use tower one year after completion of Little Caesars Arena. That would have meant a fall 2018 opening.

Delays in renovating the Eddystone has been one of the flash points sparking criticism of the Ilitches and Olympia for delays in fulfilling the vision for District Detroit.

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Olympia said it had selected Kraemer Design Group as the architect and O’Brien Construction Co. as the construction manager for the project. To be known as 110 Sproat, the project will offer 96 residential units, 20% of which will be reserved as affordable housing.

Construction work is scheduled to start in June.

Contact John Gallagher:313-222-5173 or gallagher@freepress.com.Follow him on Twitter@jgallagherfreep. Read more on business and sign up for our business newsletter.