$27M deal to turn former Dearborn Hyatt into condos collapsed freep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freep.com Daily Mail and Mail on Sunday newspapers.
Former Dearborn Hyatt hotel expected to go up for sale soon
Property frozen as part of Canadian legal case against owner
Owner will forfeit 772-room hotel as part of agreement with court
The Edward Hotel and Convention Center
The Edward Hotel and Convention Center in Dearborn, which opened as the Hyatt Regency in 1976, and fell into disrepair under new ownership since 2012, when Hyatt ended its management agreement.
Michigan s second largest hotel, once one of Southeast Michigan s top conference sites, is expected to go back up for sale soon.
The Edward Hotel and Convention Center better known as the former Hyatt Regency-Dearborn has sat idle for the past couple of years after being closed by the city for safety violations and frozen by the courts as a legal case against its owner continued.