Project Name: The Westin Book Cadillac Detroit
1114 Washington Blvd
Detroit, Michigan 48226
Project Details
New Markets Tax Credit
2006 - Year of Investment
Affordable Units:
Commercial Spaces: 39,000
643,375 Total Sq.Ft.
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Features
Description
This New Markets Tax Credit project was part $185 million rehabilitation of Detroit's historic Book Cadillac hotel, first built in 1924. The total project took just over 2 years to complete, deploying over 17 layers of financing, including tax credits, grants, loans, and private equity.