Rise at Riverfront Crossings has been completed ahead of schedule and turned over to the project owner CA Ventures, Beal Derkenne co-owner Andy Beal said in an email. The 573,000-square-foot project included a number of subcontractors from Des Moines and across the state. The Rise at Riverfront Crossing includes 332 residential units and 151 hotel rooms.
A hotel and conference center development near Brookfield Square Mall is moving forward after the city executed the needed land deals, setting up a start of construction later this year.
When Jay and Roshan Bhakta were teenagers, they worked the night shift at their family’s budget motel along Interstate 494 in Bloomington — checking in guests, cleaning up messes and answering phones. Fast forward 15 years, the cousins have torn down that old motel and they’re building a new Holiday Inn Express on the site — along with 11 other hotels in the Twin Cities and five in Milwaukee.
The fact that Thrivent Financial, a Fortune 500 company, is building a new headquarters in downtown Minneapolis is big news on its own, but the project has also triggered even more development on what was a sea of surface parking.
A new Cambria Hotel is slated to open in summer 2019 on North Plankinton Avenue in downtown Milwaukee.
The soon-to-open, four-star Intercontinental MSP International Airport Hotel, which is skyway-connected to Terminal 1, is all about the corporate traveler.
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