Updated: 06/30/2014 7:34 PM
Created: 06/30/2014 7:29 PM KSTP.com
By: Cassie Hart
Plans for a development next to the new Vikings stadium are changing. A new luxury Radisson Hotel will not be part of the $400 million Downtown East Project.
In a statement, Carlson Rezidor Hotel group said, “We are disappointed that the numbers did not work out to fit a Radisson Red Hotel into this mixed-use development project on Block 1 in Downtown East. We remain very excited and committed to the growth of our new Radisson Red hotel brand. As we move forward, we expect to secure other development opportunities in downtown Minneapolis including the potential of other sites near Downtown East that will support a Radisson Red hotel project.”
Crews have already broken ground on the project.
No word yet on what this means for the rest of the development. It includes two office towers for Wells Fargo, 200 apartments, a restaurant, retail space and a public park.