The grass lot is next to the Hawthorne Transit Center, where Greyhound and Jefferson Lines buses arrive and depart.
“We want this to be an iconic city hotel that embraces Minnesota industry and Rufus Rand,” said Nick Peterson, principal of Maven Real Estate Group.
Since 2011, STR has looked at the impact the Super Bowl has on the host city from a hotel perspective, both in terms of absolute performance and year-over-year change.
We have been particularly interested to see the impact this year on the Minneapolis/St. Paul market, the third-smallest hotel market of the last eight Super Bowls, and the smallest since New Orleans in 2013. The size of the market, among with other factors, led to high expectations of potential revenue-per-available-room increases on Super Bowl weekend.
Marriott International has opened Moxy Minneapolis Uptown, a 125-key hotel in Minneapolis. Graves Hospitality owns the property, while Collage Architects and Yellow Dog Studios designed it.
Located at 1121 W. Lake St. in the heart of Uptown, the six-story building is situated on the corner of Lake Street and Emerson Avenue. The new hotel offers convenient access to various bike paths, restaurants and entertainment venues, such as Minneapolis Institute of Art, Mall of America, U.S. Bank Stadium and Minneapolis Sculpture Garden. Minneapolis-St. Paul International Airport is approximately 10 miles away.
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