AC Hotel Detroit is now open in the Bonstelle neighborhood of Detroit. The 154-room, 10-story hotel, jointly developed by Peachtree Group and Roxbury Group, is the first AC Hotel in southeast Michigan and the third in the state.
The AC Hotel Detroit at the Bonstelle will be Roxbury’s third hospitality project in Detroit, Roxbury said in a statement. The hotel is near Little Caesars Arena, Orchestra Hall, Wayne State University’s Mike Ilitch School of Business and the Detroit Medical Center.
It will feature a rooftop venue and restore the historic Bonstelle Playhouse, located on Woodward Avenue, to its original 1903 Albert Kahn-designed exterior and 1925 interior redesign by theater architect C. Howard Crane, both slated to open this spring.
Stonehill, a Peachtree Group company, funded the project along with Flagstar Bank, Bank of Ann Arbor and Invest Detroit, the statement said.
Peachtree Group, based in Atlanta, is led by Greg Friedman, managing principal and CEO; Jatin Desai, managing principal and CFO; and Mitul Patel, principal. The Roxbury Group, a Detroit-based real estate development and investment firm founded in 2005, is led by principals David Di Rita and Stacy Fox.
“We are excited to bring the AC Hotels brand to Detroit and to do so in such grand fashion with the connection to the Bonstelle,” said Di Rita. “We take great pride in pairing high-end hospitality with iconic historic properties, and we are honored to restore the Bonstelle’s beauty while seamlessly integrating it with the modern sensibility of AC Hotels.”
Azul Hospitality, which manages Roxbury’s Element Detroit at the Metropolitan and The Hotel David Whitney, Autograph Collection, will also manage the AC Hotel at the Bonstelle. The project design was led by Stantec, with interior design by Patrick Thompson Design and construction managed by Sachse Construction.
Caption by Hyatt Downtown Nashville – The Gulch, co-owned by Peachtree Group, recently opened in Nashville’s Gulch neighborhood. The hotel, developed in partnership with HRI Hospitality and C.B. Ragland Co., is the brand’s second location in the U.S.
