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Strategies for a lodge in Detroit’s Corktown community go forward

Plans for a new 227-area hotel in Detroit’s Corktown took a stage forward Tuesday, even as occupancy costs for the city’s downtown-spot inns are in the vicinity of document lows.

The proposed seven-tale, $74-million Godfrey Resort would be built at 1401 Michigan Ave., pending the demolition of a vacant constructing that decades back housed administrative places of work for the Detroit Lions and later on the City Taxi Co.

1401 Michigan Avenue in Detroit, will be torn down to make way for the proposed Godfrey Hotel.

The project is a joint undertaking by Chicago-primarily based Oxford Money Group and Farmington Hills-based Hunter Pasteur Properties, and received approval Tuesday from the Michigan Strategic Fund to spherical out its future $5.1-million point out- and nearby-stage brownfield tax capture at the web-site as a improvement incentive.

Once developed, it would be the fifth Godfrey Lodge in the region, including locations in Chicago, Boston and Tampa, Florida. The hotel would have a restaurant, a bar, a ballroom and a rooftop café. The Godfrey manufacturer has been marketed as a “boutique lodge” that is “youthful and open up-minded, snazzy and subtle.”