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Colloquially known as the GAR Building, the castle-esque five-story property at 1942 Grand River Ave. at Cass Avenue is expected to be converted from its current office and event space use into purely event space with a new steakhouse on the ground floor replacing the old Parks & Rec Diner and Republic Tavern restaurants, according to a press release.The purchase price for the property, which had been owned by Tom Carleton, David Carleton and Sean Emery, was not disclosed. The local offices of Colliers International Inc. brokered the sale, which closed on Tuesday. It had been on the market since June 2021.
"Situated in the heart of the District Detroit and Grand Circus Park, the GAR Building has been an icon since opening in the late 1800's," Barbat, who is chairman and CEO of West Bloomfield Township-based Barbat Holdings, said in the press release. "We plan to allocate space for a public memorial room that will display many artifacts that have been left behind to ensure that the building's historic character is preserved and highlighted. Our team is honored to add this historic landmark to our portfolio of properties."
https://www.crainsdetroit.com/real-e...ublic-building