Bedrock LLC Adds Hotel To Its Portfolio

Dan Gilbert’s Bedrock LLC has purchased the Roberts Riverwalk Hotel at 1000 River Place Dr. The property is the newest splurge in the company’s $80 million shopping spree on Detroit’s riverfront. Bedrock began collecting property along the east Detroit riverfront during the pandemic. The company owns almost 1 million square feet of office space, about 1,600 parking spaces and ore than 40 acres of land in addition to the new hotel purchase. The hotel’s purchase price is undisclosed. Dan Gilbert’s $80 million-plus spending spree on the east Detroit riverfront continues.