Hotel development is finally on track to meet demand in the Minneapolis CBD. It is expected that more than 2,000 rooms will be delivered in the next few years. AC Marriott and Embassy Suites opened within the last month along Hennepin Ave; Radisson Red was recently completed near the US Bank Stadium. The Nordic-themed 124-room Hewing Hotel in the North Loop is slated to open in November.
Thresher Square and Federal Plaza were both formerly used for office. After recent acquisitions, the historic buildings will be respectively redeveloped into a Canopy by Hilton and a new boutique inn.
Minneapolis-St. Paul Chart of the Week | October 17, 2016
1. Minneapolis–St. Paul
Whether it’s new development or repurposing
old office, hotels are redefining Minneapolis
Chart of the week: October 17, 2016
Sources: JLL Research, Twin Cities Business
• Hotel development is finally on track to meet demand in the Minneapolis CBD. It is expected that more
than 2,000 rooms will be delivered in the next few years. AC Marriott and Embassy Suites opened within
the last month along Hennepin Ave; Radisson Red was recently completed near the US Bank Stadium.
The Nordic-themed 124-room Hewing Hotel in the North Loop is slated to open in November.
• Thresher Square and Federal Plaza were both formerly used for office. After recent acquisitions, the
historic buildings will be respectively redeveloped into a Canopy by Hilton and a new boutique inn.
Moxy Hotel
Hyatt Centric
Thresher
Square
Radisson
Red
Finnegans
Brewtel
HolidayInn
Express
Federal
Plaza Hotel
Four
Seasons
Hewing
Hotel
AC
Marriott
Embassy
Suites
Room Count
