15 Hotels on Horizon for Minneapolis-St. Paul in 2020

The Minnesota cities of Minneapolis, St. Paul and Bloomington are magnets for hotel development in the region and collectively have ten new hotels opening in 2020. However, the largest addition to the Twin Cities market over the next 12 months will be the 320-room Omni Vikings Lakes Hotel in Eagan. The Nordic-inspired property adjacent to the Minnesota Vikings TCO Performance Center is being developed by MV Eagan Ventures, which is owned by the Wilf family that also owns the Vikings.

At least 15 metro-area hotels are slated to open in 2020, adding nearly 2,500 rooms to the Twin Cities marketplace.

Rosedale Center Expansion Plans Include Two Hotels

Manager JLL has conceptual plans for redevelopment of the south side of the Rosedale Center regional mall located in Roseville, MN. While not locked in stone, plans call for massive redevelopment that could add 562 apartments, 290 hotel rooms, 100,000 square feet of office space and a net increase of 220,000 square feet of commercial space.

The current proposal is to build the market rate apartments on the east side, active apartments on the west, with hotel and entertainment uses in the middle. The mall’s vacant Herberger’s store would be demolished as part of the redevelopment.

Renovation of Downtown Minneapolis Marriott Underway

A multi-million dollar renovation of the Marriott City Center in downtown Minneapolis is currently underway. Built in 1983, it last underwent a renovation in 2006. The current renovations, which encompass all 585 rooms, meeting spaces, and the fitness center are expected to be complete in April 2020. The hotel has remained open during renovations by updating blocks of four or five floors at a time.

Minnetonka-based Schoenfelder Renovations is handling the guest room renovations and Loretto-based Shingobee Builders is responsible for the meeting and public spaces. The project architect is CR Architect + Design.

Lupe Development Acquires Key Inn Motel in Woodbury

Lupe Development Partners purchased the 108-room Key Inn Motel in Woodbury, MN, for $3.65 million. The parcel is key to the company’s plans to redevelop the southeast quadrant of the I-494/Valley Creek Road interchange.

Lupe plans to raze the hotel as part of a $25 million, 6.75-acre project that will include two 5,000 square foot retail buildings and a 34,000 square foot medical office property.

Hotel Chauncey Opens in Iowa City

The 51-room Hotel Chauncey officially opened for business this month inside the recently completed Chauncey Tower in Iowa City, IA.  Hawkeye Hotels will own and operate Hotel Chauncey inside the 15-story office tower and will be the largest operator in the building with the hotel, a restaurant, bar and bowling alley.

Hotel Chauncey’s opening makes it the most recent among a half dozen other hotels in downtown Iowa City and the Marriott Element is still on the horizon.