If so, it kind marks the completion of the transition of Royal Oak from sleepy declining village center thru artsy-hip comeback to full establishment.

The Southfield-based real estate brokerage CBRE Group Inc. is shopping plans for an eight-story hotel on Main Street in Royal Oak to the city's Downtown Development Authority to gauge its interest in the project.

Preliminary plans call for redevelopment of the former Jim Fresard Pontiac-Buick-GMC auto dealership at 400 N. Main St.


In addition to the hotel, the project would have a banquet facility and five-story mixed-use development with apartments and retail, according to the plan, submitted to members of the DDA to provide context before their Wednesday meeting.

from Crain's