abc
QUICK LINKS:

Hotel, Apartments Proposed for Downtown East Development

Updated: 02/21/2014 9:54 PM
Created: 02/21/2014 8:29 PM KSTP.com

There’s been a big change to a Downtown East development being planned near the new Vikings stadium.

The development includes two big office towers, apartments, retail and a park. There’s also a six-story parking ramp.

Ryan Companies is now proposing a 150-room Radisson Red hotel under a 200-unit apartment tower, with ground floor retail and restaurant space, according to documents submitted to the city Thursday.

The price tag is $101 million, with construction expected to start in May 2015 and finish in August 2017.

KSTP reporter Steve Tellier reports there is a competing proposal for that airspace above the parking ramp, as Mortenson Development wants to put up a $63 million Marriott hotel.

The choice between the two proposals is expected to be made by the city council next month.


Minneapolis/St. Paul

Clear
35°
40° | 24°
  • Feels like: 26° F
  • Wind: N 14mph
  • Humidity: 48%
  • Sat More sun than clouds
    48° | 34°
  • Sun Partly cloudy
    56° | 45°
  • Mon Showers ending by midday
    57° | 37°
  • Tue More sun than clouds
    48° | 33°

Video

KSTP NEWS