Oxford Capital and Hunter Pasteur inaugurate Godfrey Hotel Detroit in historic Corktown
– 227-room Michigan Avenue hotel set to open in 2023
– Facilities include Detroit’s largest rooftop lounge, chef-run restaurant, signature lobby bar and elegant ballroom for events
– 160-200 projected jobs will pay at least $ 17 per hour, with at least 25% going to residents of Detroit
DETROIT, September 27, 2021 / PRNewswire / – Oxford Capital Group and Hunter Pasteur will open the Godfrey Hotel Detroit in historic Corktown this week, offering a 227-room lifestyle brand hotel with first-class amenities, as well as hundreds of jobs, including many to Detroit residents.
The property, located at 1401 Michigan Ave. between Trumbull and Eighth Street, is scheduled to open in 2023. from oxford The wholly owned management subsidiary, Oxford Hotels & Resorts, LLC, will manage the property. The 227-room, seven-story hotel will feature I | O, Detroit the largest indoor / outdoor rooftop lounge with stunning downtown views Detroit and Corktown, a chef-run restaurant on the ground floor, a distinctive lobby bar, a 5,500-square-foot grand ballroom that can accommodate events of over 350 guests, and a state-of-the-art fitness center. The hotel will have a gentle brand affiliation with Hilton’s Curio Collection.
Importantly, the Godfrey will also create around 200-300 construction jobs and around 160-200 part-time and full-time jobs, the latter including a 401 (k) and health insurance, and will pay a minimum of $ 17 one o’clock. The developer has committed that at least 25 percent of these jobs will go to residents of Detroit, an unprecedented commitment to such a project. The promoters will join forces with the City Detroit at Work as the hotel’s priority endowment partner.
âWe are excited to take this important milestone as we continue our national strategic investing, development and acquisition activities while simultaneously expanding our Godfrey lifestyle hotel brand across the country. The project will be a few blocks from Michigan Central Station, Ford’s new billion. dollar campus and a significant development in Detroit resurgence, âsaid John W. Rutledge, Founder, Chairman and CEO of Oxford Hotels & Resorts LLC and Oxford Capital Group LLC, a Chicagonational investment, development and management company focused on the hotel industry. “Since my days as a student at University of Michigan, I watched Detroit up close and were impressed by the remarkable transformation that has taken place downtown. We look forward to adding to this momentum and delivering a stunning physical product, as well as from oxford a mark of hospitality unique to this beautiful and dynamic city as Detroit and the country continues its post-pandemic recovery over the next few years. ”
âCorktown has become synonymous with phenomenal food and drink and is home to an emerging core business,â said Randy Wertheimer, President and CEO of Farmington Hills-based Hunter Pasteur. âThe Godfrey Hotel will fill a real need in this neighborhood, and we’re excited to bring this national hotel brand to our hometown. We hope the Godfrey becomes a staple in the city and the Corktown community, not just because of the hotel, but also the exciting dining venues we are developing including the Lobby Bar, Restaurant, Lounge on the rooftop and the ballroom, which we hope will all become important destinations for locals and travelers alike. Detroit. ”
The interiors of the sophisticated bespoke hotel, designed by the Gettys Group, are inspired by the rich local diversity and high elements of the industrial aesthetic of the region’s restaurant spirit. A timeless interior with a neutral and bright background is enlivened by furniture and finishes saturated in color, refined in geometries and patterns, and carefully selected and adapted accents. Warm mixed wood tones, glossy terrazzo flooring, rich, textured metals found in lighting and sculptural details, and touches of special finishes that provide reflectivity and dimension, reinforce the identity of this hotel by connecting the client to the elements of natural forms and local ingenuity and industry. The high, reflective, and easy going rooms carry on the industrious spirit with personalized appointments with warm furniture tones and accents against a bright, clean background.
The hotel’s events and dining experiences complete the trendy package, designed to be a transportation destination for local and overseas visitors. The I | O Rooftop Lounge will provide a rich, yet relaxed and vibrant experience to delight guests offering a variety of spaces and moments of discovery throughout. The interior design is tasty and moody as day turns to night; enhanced by mixed metals for all-day shine. Layered with aspects of earth, wind, water and fire, the retractable glass roof and fully functional windows allow guests to experience all the elements. The hotel will also uniquely offer one of the largest meeting spaces in and outside the city center. Detroit, well appointed with warm and inviting wood tones, moments of sparkle and wonder and finely crafted details.
“We see Detroit as an attractive hotel investment market given all of the existing and new demand created by the dozens of recent and upcoming business moves and expansions to the downtown area,” said Matthew Kalt, vice-president. chairman of Oxford Capital Group, LLC.
The Godfrey Hotel Detroit will be added to from oxford current and historical portfolio of more than 15,000 hotel rooms. The current locations of the Godfrey Hotel include Chicago, Boston, Tampa, Hollywood and others in planning and development. The hotel will benefit from Oxford’s extensive national experience in hotel management, which includes a strong food and beverage offering; sophisticated revenue management, social media, direct selling, e-commerce and marketing strategies; its proven ability to manage highly profitable meeting and event venues and venues; highly effective recruitment, training and retention methods; and creative cost control initiatives.
Project investors include several prominent Detroit families, led by Nate forbes and James grosfeld. The Godfrey Hotel Detroit will also benefit from from oxford Metro DetroitThe extensive experience and local development relationships of development partner Hunter Pasteur. Oxford, Hunter Pasteur and The Forbes Co. are finalizing plans to launch the Perennial Corktown Apartments adjacent to the Godfrey, which will also open this year.
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SOURCE Oxford Capital Group, LLC