Update, April of 2012: Construction is about to restart to complete the project and remove The Mummy's bandages. Read all about it here.
But just a few blocks away, there it is, just as it has been since 2008, when the money ran out and construction stopped: the Staybridge Suites Hotel at 127 West Huron. The handsome, sculpted design, by Valerio Dewalt Train, made use of innovative staggered truss framing for a lighter weight structure. Ironically, the other advantage of staggered truss is speed of construction.
Oxford Capital Group website, linking to a no longer available article in Crain's.