The Leland to get $120 million renovation, be converted to 339 apartments

Posted on January 27, 2018

  • RFP says hotel will be turned into 339 apartments
  • Construction to begin in September, finish in 2020, RFP says
  • Building was built in 1927 and is on National Register of Historic Place

The former Leland Hotel in downtown Detroit is expected to undergo a $120 million-plus renovation that will convert the building into a mix of 339 affordable and market-rate apartments and add a 650-space parking deck.

Some details of the planned project, long discussed privately, are spelled out in a request for proposals obtained by Crain’s on Wednesday afternoon.

The Leland, which now has about 300 apartments and extended-stay hotel rooms at 400 Bagley Ave. at Cass Avenue, is 22 stories with 372,000 square feet, about 91,300 of which are commercial, according to the RFP. It was built in 1927 and is on the National Register of Historic Places, according to Historic Detroit, which chronicles Detroit building history and architecture.

Continue reading full article on Crain’s Detroit Business.