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Detroit: Hotel Eddystone to be Renovated


Allan

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More entertainment on tap for Midtown

Old Garden Theatre on Woodward to be renovated by 2005

By R.J. King / The Detroit NewsDETROIT -- A music club, restaurants, stores and more than 100 residential lofts are planned in the Midtown District, host of this weekend's Detroit Festival of the Arts.

b01gardenmap.jpg

Since 2001, more than $1 billion has been invested or planned in Detroit's Midtown area, home to some of the region's most noted icons including the Detroit Institute of Arts, Detroit Science Center and Wayne State University. The district is bounded by Interstate 94 and the Lodge, and Fisher and Chrysler freeways.

In recent weeks, the former Garden Theatre on Woodward, located just north of the nearly completed Max M. Fisher Music Center, was purchased by Woodward E Ventures LLC in Detroit for an undisclosed sum. The investment group plans to renovate the two-story structure into an entertainment venue.

"The outside of the Garden Theatre will be restored, but the interior has suffered severe deterioration and will likely need new finishes," said Conrad Schewe, senior associate of Zachary and Associates Inc., a planning firm in Midtown and a consultant on the theater project. Work on the redevelopment is expected to be completed in 2005.

Woodward E Ventures also holds an option to purchase the former Blue Moon restaurant at Woodward and Alexandrine, Schewe said. If the group does purchase the two-story eatery, it will be renovated into a bar and restaurant.

The developments would complement the Max M. Fisher Music Center, a $60 million expansion of Orchestra Hall, home to the Detroit Symphony Orchestra.

In other news, Detroit developer Jim Wickenheiser has purchased the vacant Hotel Eddystone on Park, near Interstate 75. The 14-story building will be renovated into 60 condominiums and ground-floor retail space, Wickenheiser said.

Wickenheiser, partner of Hotel Eddystone Group LLC, also is renovating the Carola Building and the former Carlton Hotel in Brush Park into more than 50 loft condominiums.

You can reach R.J. King at (313) 222-2504 or rjking @detnews.com.

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That stretch of Woodward from Midtown to Downtown is going to be the scene and vibrant atmosphere that puts the city back on the map and in the national spotlight.

That's the idea. The city has very ambitous plans to remake the city for the superbowl. The city want to have more ground-level retail. That's one thing Detroit is currently lacking....that and a decent mass transit system. By 2010 there will be 10,000-12,000 people living downtown. There are currently just over 5000 people living there, but there will be at least 7000 by the time the superbowl comes to town. This year the city will add 640 condos and apartments downtown, compared to just 71 in 2002. I'm currently working on an update of all the projects...although by the time I get it done it will be out of date.

Here's Detroit's Plan for 2006:

Detroit,%20MI_316.jpg

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