Dearborn's Hyatt Regency Hotel is set to become the city's first "green" lodging property, Crain's Detroit Business confirmed Monday.
The property is set to become an Adoba Eco Hotel Nov. 1 under Atmosphere Hospitality. The Colorado-based company started their LEED-certified hotel brand in 2010. Hotels in the chain include solar roofing, wind energy and other eco-friendly features.
Atmosphere Hospitality Executive Vice-President Sales and Marketing Adrienne Pumphrey told Crain's that they have signed a letter of intent to purchase the property within two months.
The hotel was left without a management company in May when Hyatt pulled out of the 772-room property.
The termination date of their deal is set for Oct. 31.
Carlson Rezidor Hotel Group announced in September that they would transition the hotel to a Radisson property Nov. 1. However, that deal fell through in October—which O'Reilly said was due to disagreements between the hotel operator and Royal Realties over the investment that would be made in updating the property.
Dearborn Mayor Jack O'Reilly confirmed Oct. 23 that owners of the hotel, Royal Realties LLC, did have a partner for the property, but was not yet announcing the name—now known to be Atmosphere.
Pumphrey told Crain's that they expect to transition the property to LEED certification within 36 months.