Which building's reconstruction cost $82 million?
Despite the city's recent financial issues, many developers remain unfazed by Detroit's problems. Midtown is one of the most successful areas within Detroit to have a residential occupancy rate of 96%. Numerous developments have been recently completely or are in various stages of construction. These include the $82 million reconstruction of downtown's David Whitney Building (now an Aloft Hotel and luxury residences), the Woodward Garden Block Development in Midtown, the residential conversion of the David Broderick Tower in downtown, the rehabilitation of the Book Cadillac Hotel (now a Westin and luxury condos) and Fort Shelby Hotel (now Doubletree) also in downtown, and various smaller projects.