A proposal to add a 14-story, 290-room hotel and new retail space next to Little Caesars Arena in downtown Detroit Michigan is moving forward. The Downtown Detroit Development Authority approved a $190 million development proposal from Olympia Development and Related Cos. The proposal is for a mid-rise, mixed-use hotel development at Woodward Avenue and the I-75 service drive, next to LCA, a plan the companies previously had announced. The project site is at 2455 Woodward Ave. and is bordered by Woodward to the East, LCA to the north, Park Avenue to the west and W. Fisher Service Drive to the south. The proposal calls for a hotel, as well as up to 30,000 square feet dedicated to street-level retail and food service. Construction would take 3 years and begin in the 3rd quarter of 2024. Andrew Cantor is the president of Related Cos. Michigan.