The Plaza Land Company was established in 1955 to construct a modern hotel on a site adjacent to the planned Convention Hall and Exhibits Building.
[1] King & Lewis designed the Hotel Pontchartrain in the modern architectural style, with contemporary French interiors, and employing angular bay windows which provides every room with views of the International Riverfront and the city.
[5] The hotel fell into receivership and was put under the control of the Resolution Trust Corporation, a government-owned asset management company designed to liquidate the holdings of failed savings and loans.
The sale closed on May 24, 1994, and the new owners severed the management contract with Radisson that day, returning the hotel to its original name.
[7] In 2006, Shubh LLC purchased the hotel and it underwent a $35 million renovation, reopening as the Sheraton Detroit Riverside in November 2007.
[8] Within a year, however, Sheraton revoked its branding agreement due to poor management and the property became the Detroit Riverside Hotel.