What The Roxbury Group does

The Roxbury Group is a Detroit-based real estate development and investment firm founded in 2005 by principals Stacy Fox and David Di Rita. The company specializes in complex urban redevelopment and adaptive reuse of historic buildings, with a focus on hotel and hospitality properties in Detroit and southeastern Michigan. Over its 20+ year history, Roxbury has developed more than one million square feet of properties, including iconic historic high-rises, over 500 multi-family residential units, four hotels (Hotel David Whitney, Cadillac House, Element Detroit at the Metropolitan, and AC Hotel Detroit at the Bonstelle), and six food and beverage establishments (The Buhl Bar, Hidden Cavern, The Conservatory, Hammer and Nail, The Lone Goat, and Monarch Club).

The company generates revenue through a vertically integrated operating model spanning real estate development, asset ownership, hotel and hospitality operations under franchise agreements with Marriott (Aloft, Element by Westin, AC Hotels) and Hilton (Tapestry Collection), food and beverage venue operations, and multi-family residential leasing. Its underlying expertise combines historic preservation and adaptive reuse with complex public-private financing structures — a competency reinforced by founder Stacy Fox's prior role as Deputy Emergency Manager of Detroit during the city's municipal bankruptcy. GTM is relationship-driven and project-based, relying on direct ownership/operation of properties, public-private development partnerships (e.g., Ethos Development Partners, Lighthouse, Eric Means, Trans Inn Management), and property-specific digital marketing channels.

The business model blends one-time development fees and long-tail operating income from owned hospitality and residential assets. Current development pipeline includes Broadway Park West (a 14-acre mixed-use project in Ann Arbor with a 180-key Curio Collection by Hilton hotel and 95 condominiums), Lee Plaza (117 affordable senior housing units in partnership), and the Plaza Detroit re-launch as Apartments by Marriott Bonvoy. The firm operates with a lean team of 1–10 employees, leveraging JV partnerships, hotel franchise infrastructure, and third-party property management to scale asset operations.

Name

The Roxbury Group

Legal name

The Roxbury Group

Website

https://roxburygroup.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

The Roxbury Group is a Detroit-based real estate development and investment firm founded in 2005 that specializes in adaptive reuse of historic buildings, operating four hotels, six food and beverage venues, and over 500 multi-family residential units across southeastern Michigan.

Ownership category

akta.pro rank

Headquarters

HQ city

Detroit

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development and Investment: The firm develops complex real estate projects including hotels, residential, and commercial properties. Revenue is generated through property development fees, asset ownership, and property management.
2. Hotel and Hospitality Operations: The company operates hotels including Hotel David Whitney, Element Detroit at the Metropolitan, AC Marriott Detroit, and Cadillac House. Revenue from room bookings and hospitality services.
3. Food and Beverage Operations: The company operates food and beverage establishments including The Buhl Bar, Hidden Cavern, The Conservatory, Hammer and Nail, The Lone Goat, and Monarch Club.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

The Roxbury Group is a Detroit-based real estate development and investment firm that acquires, restores, and operates complex urban properties. Its portfolio spans boutique and franchise-branded hotels, food and beverage venues, multi-family residential units, and mixed-use developments, with a specialization in adaptive reuse of historic buildings and public-private financing. The firm develops and directly operates the resulting assets rather than acting as a passive investor.

Product overview

The Roxbury Group is a Detroit-based real estate development and investment firm that operates a diversified portfolio of hotel, food & beverage, and residential/commercial properties. The company manages four core hotel properties (Hotel David Whitney, Cadillac House, Element Detroit at the Metropolitan, and AC Hotel Detroit at the Bonstelle), six food & beverage establishments (The Buhl Bar, Hidden Cavern, The Conservatory, Hammer and Nail, The Lone Goat, and Monarch Club), and multiple residential and commercial projects. The portfolio includes over one million square feet of developed properties, more than 500 multi-family residential units, and several projects under development including Broadway Park West in Ann Arbor, Lee Plaza, and The Plaza Detroit.

Differentiator

Problem solved

Functional benefit

Brands

• Hotel David Whitney: A boutique hotel in the restored David Whitney Building in Detroit, featuring 136 rooms.
• Cadillac House
• Element Detroit at the Metropolitan
• AC Hotel Detroit at the Bonstelle
• The Buhl Bar
• Hidden Cavern
• The Conservatory
• Hammer and Nail
• The Lone Goat
• Monarch Club

Products and services

• Hotel David Whitney A 136-room boutique hotel in the restored David Whitney Building in Detroit, operated by The Roxbury Group and offering hospitality inspired by Detroit's golden age.
• Cadillac House A historic hotel in Lexington, Michigan, operated as a member of the Tapestry Collection by Hilton, offering overnight accommodations and tavern dining.
• Element Detroit at the Metropolitan A 110-room extended-stay hotel by Westin located in the restored historic Metropolitan Building in Detroit, operated by The Roxbury Group.
• AC Hotel Detroit at the Bonstelle A 153-room AC Hotels by Marriott property in Detroit's Brush Park neighborhood, incorporating the restored 1903 Albert Kahn exterior and 1922 C. Howard Crane interior of the historic Bonstelle Playhouse.
• The Buhl Bar Food and beverage establishment operated by The Roxbury Group.
• Hidden Cavern An intimate underground event space at Cadillac House operated by The Roxbury Group.
• The Conservatory A restaurant and bar venue operated by The Roxbury Group.
• Hammer and Nail A bar at Plaza Detroit honoring the building's historic neon sign and mid-century modern design legacy, operated by The Roxbury Group.
• The Lone Goat An English tavern located in the Metropolitan Building in Detroit, operated by The Roxbury Group.
• Monarch Club A nationally-renowned rooftop venue at the Metropolitan Building, developed and owned by The Roxbury Group.
• Elton Park A multi-family residential development in Detroit's Corktown neighborhood developed and operated by The Roxbury Group.
• The Griswold A multi-family residential property located at 1117 Griswold Street in Detroit, developed and operated by The Roxbury Group.
• The Auburn A multi-family residential property in Detroit developed and operated by The Roxbury Group.
• Parker Durand A multi-family residential property in Detroit developed and operated by The Roxbury Group.
• The Louis Kamper and Stevens Buildings Historic residential buildings in Detroit held within The Roxbury Group's residential portfolio.
• Outdoor Adventure Center A commercial property within The Roxbury Group's development portfolio.
• Broadway Park West A 14-acre mixed-use development along the Huron River in Ann Arbor, Michigan, featuring 95 condominiums, a 180-key Curio Collection by Hilton hotel, retail space, and a 7-acre public park.
• Lee Plaza Redevelopment of the historic 1929 art deco Lee Plaza skyscraper in Detroit into 117 affordable senior housing units for residents earning at or below 50% of area median income.
• The Plaza Detroit An adaptive reuse project converting the 1965 Professional Plaza building in Detroit into 92 apartments by Marriott Bonvoy with ground-floor retail and the Hammer & Nail bar.

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Ethos Development PartnerscoreStrategic or Co-development PartnerDevelopment partner for the Lee Plaza redevelopment project, a historic art deco skyscraper transformation into 117 affordable senior housing units.
• LighthousecoreStrategic or Co-development PartnerDevelopment partner for the Lee Plaza redevelopment project alongside Roxbury Group and Ethos Development Partners.
• Trans Inn ManagementminorStrategic or Co-development PartnerPart of Whitney Partners consortium with Roxbury Group for the David Whitney Building acquisition and initial redevelopment. Farmington Hills-based real estate company with investments in more than a dozen states.
• Eric MeansminorStrategic or Co-development PartnerDetroit developer who partnered with Roxbury Group to purchase and restore the Metropolitan Building in 2016.

Scale indicators8 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• L+M Development Partners: New York-based real estate developer specializing in mixed-use, affordable housing, and mixed-income developments. Comparable to Roxbury in mixed-income housing focus (Lee Plaza affordable senior housing), public-private financing expertise, and integrated mixed-use project delivery.
• The NRP Group: Vertically integrated multifamily developer with significant affordable housing portfolio across multiple states. Comparable to Roxbury in its 500+ multi-family residential unit base, mixed-income housing strategy, and integrated development-to-operations approach.
• Jamestown: National real estate investment and management firm specializing in adaptive reuse of historic and underutilized properties (Ponce City Market, Industry City). Highly comparable to Roxbury's historic preservation expertise and mixed-use vertical integration model.
• 3CDC: Cincinnati Center City Development Corp focuses on urban redevelopment of Over-the-Rhine and downtown Cincinnati with mixed-use, residential, and commercial projects. Comparable to Roxbury in its mid-sized city urban revitalization mandate and complex public-private financing approach.
• Bedrock: Detroit's largest real estate firm, focused on transforming the city's downtown through office, retail, residential, and hospitality developments. Most directly comparable to Roxbury given shared Detroit geography, mixed-use development focus, and downtown revitalization mandate.
• Crawford Hoying: Columbus, Ohio-based mixed-use real estate developer with projects spanning residential, office, retail, and hospitality. Comparable to Roxbury in Midwestern mixed-use focus, integration of multiple asset types per project, and adaptive reuse of historic structures.
• The Community Builders: National nonprofit developer of affordable and mixed-income housing, including senior and family developments. Comparable to Roxbury specifically on Lee Plaza-style affordable senior housing redevelopment and use of LIHTC-equivalent financing structures.

Broad incumbents

• The Related Companies: One of the largest US real estate developers with mixed-use, affordable housing (Related Affordable), and hospitality projects including the Hudson Yards and other major urban redevelopments. Comparable to Roxbury in mixed-use mixed-income model, but at substantially larger scale and broader geographic footprint.

Emerging players

• Somera Road: Boutique real estate investment and development firm focused on adaptive reuse and mixed-use projects in secondary markets. Comparable to Roxbury in boutique-scale historic and adaptive reuse focus, though at earlier stage and different geographies.

Others

• Mill Creek Residential Trust:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-roxbury-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Roxbury Group