Luxury Apartments to Be Built at Vacant Lee Plaza Hotel on W. Grand Blvd.

The abandoned 17-story Lee Plaza Residential Hotel, west of Midtown and Ford Hospital in Detroit, will developed into a luxury, market-rate apartment building by fall 2017, the Detroit News reports.

The hotel, 2240 W. Grand Blvd., has been vacant since 1993. The projects creates a bigger footprint for developers looking to expand beyond the core of the Midtown-New Center area.

The building will house about about 200 units, according to buyer and Detroit native Craig Sasser, Holly Fournier of The News reports:

The $200 million project will include redevelopments to two adjacent lots as well as the addition of moderate, low and very low-income housing, said Sasser, 63-year-old managing member and CEO of Moneta Energy, LLC.