TROY, Mich.—New California Hotel Corporation, through its subsidiary Met Hotel Partners, will be expanding the operation at the 200-room Met Troy Hotel in line with the economic improvements in the Michigan market. New California Hotels Corporation after meeting with the city on several occasions will be modifying the 17 acre site to gain advantage of the upswing in the Michigan economy, specifically in the Detroit area. The company owns other assets in Michigan.
“We are excited about the recent upswing in the Detroit area economy. Our aim is to maximize the opportunities on this 17 acre site as we’ve always considered it as having immense potential,” says Remo Polselli, CEO of New California Hotels Corporation. “We know what the city needs in this area—more retail, dynamic tenants, and a fine dining restaurant and amphitheater that can make this site a real model of development for the citizens of Troy.”
The project will include a 35,000-square-foot retail center facing the property. The retail center will include a subway shop, coffee shop, dry cleaners, and other professional services. A 500 seat amphitheater for performing arts centered into the Hotel Courtyard will also be included in the development, and guestrooms facing into the Courtyard will be able to watch live events from their rooms.
A new five-diamond restaurant is being considered for what was formerly the Charlies Crab Location. The 10,000-square-foot, two-story restaurant and bar will be leased out to a restaurant operator with fine dining restaurant experience in the Detroit market. The company is in talks with several operators.
The hotel will be given a new name and is in discussions with several major franchises. Renovations to the property will begin in June and are expected to be complete in April of 2014. The property will stay open as renovations are completed.