As part of the city of Southfield’s ongoing economic development initiatives, the Southfield City Council approved a request from New Zealand investment group Kiwi Hospitality Detroit LLC for a Commercial Exemption Certificate to assist in the redevelopment of the former Holiday Inn Hotel located at 26555 Telegraph Road.
The iconic 190-room hotel, which has been closed since 2009, was recently purchased by Kiwi Hospitality. It is one of Southfield’s most recognizable landmarks with its unique architecture and prime location. The company will undergo a complete renovation of the property from the floor to ceiling in addition to preserving the hotel’s iconic round tower.
“We are excited that a New Zealand investment group will soon be revitalizing this important landmark property in the city,” commented Mayor Donald Fracassi. “Their proposed renovations will greatly improve not only the former Holiday Inn, but the entire surrounding area. This redevelopment will nicely complement Southfield’s existing hotel offerings and is yet another testament that we are open for business!”
The complex sits on 7.32 acres of land and includes three hotel buildings comprised of a sixteen story tower, five story building, two story building, and 600 space parking area. Kiwi Hospitality proposes to completely renovate and redevelop the property as three separate hotels in order to offer consumers with multiple options relative to price and comfort level. The three hotels have a total of 417 rooms comprised of a total of approximately 144,000 square feet. The proposed renovations will also offer convention and event spaces of approximately 12,700 square feet, and 5,700 square feet of banquet rooms. Restaurant space of approximately 4000 square feet will also be renovated on the ground floor of the hotel which includes a 6350 square feet industrial kitchen. The 4000 square feet roof top restaurant will be also be completely renovated and will offer patrons scenic views of the city of Southfield.
The Project includes approximately $12,100,000 worth of private sector investment, which will result in the addition of up to 71 total jobs. The company will work with the Southfield Michigan Works Department to fill the positions that will include nine managerial/professional roles, 15 technical jobs, four sales positions, three clerical jobs, 20 positions for unskilled laborers and 10 service industry jobs. The hotels will provide employees with healthcare, heavily discounted on-site meals, uniform allowance, employee/friends and family subsidized lodging, flexible schedules, paid vacations, and paid sick leave.
Ajay Soeny, Kiwi’s group operations manager, said buying the property made sense because the city of Southfield is growing into “the” business center of the metro area. “In coming years, Southfield is going to be recognized as a hub for business, executive business and business dealers, so it will be a place where great things are happening,” Soeny added.
Most of the rehab work should be completed within the next two years. For more information on this project, or about how your business can grow in Southfield, call Southfield Business Development at (248) 796-4160.
Source: City of Southfield