Moves are being made to turn the 16-story former Tokyo Hotel at 17-19 E Ohio into a "hipster hostel", reports Crain's. New York developer Sydell Group bought the building and will bring 250 beds back into play as a Freehand hostel, half in private rooms and half in dorm style bunk rooms. This ain't your grandpa's hostel— a bar, cafe, and designer interiors are planned. Nightly rates aren't yet determined, but the Miami Freehand charges $25.50 to $39 for bunks and $170.50 for private rooms. [Crain's, previously]
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