Three Twin Cities developers are vying for the chance to build on the Guthrie Liner Parcel, a thin strip of land facing Washington Avenue in the bustling east downtown neighborhood. M.A. Mortenson Co., Sherman Associates and Saturday Properties LLC -- a new company established by Brent Rogers, formerly of Greco Development -- all responded to the City of Minneapolis' request for proposals, which were due Wednesday.
The 14 acres of vacant land at the southwest corner of I-394 and Highway 100 next to the West End retail center has three new owners. Florida-based DLC Residential made headlines in November by proposing a multiphase, multi-building complex immediately adjacent to one of St. Louis Park's most successful development zones. DLC acted as master developer, pushing the hotel, office and apartment complex plan through city approval processes in both St. Louis Park and Golden Valley.
The Minneapolis Downtown Council has named its first executive director of Greening Downtown Minneapolis, a newly created entity charged with raising the money needed to create The Commons, a 4.2-acre park planned near the new Vikings stadium.
The Loews Minneapolis Hotel, one of the most recognized hospitality spots in the Twin Cities, unveiled this week its $10-million renovation and new lobby bar concept, the Apothecary Bar & Lounge. New York-based Loews Hotels & Resorts bought the 22-story building across from the Target Center last summer from local hotelier Graves Hospitality. John Power, the hotel's general manager, said Loews wanted to update the 11-year-old space by putting its own touch on it.
Ryan Companies is adding a new hotel to its five-block Downtown East redevelopment project in Minneapolis.
The developer has submitted a proposal to the City of Minneapolis for a five-story, 164-room Radisson Red hotel on one of the two liner parcels on the backside of the new Wells Fargo towers that Ryan is currently building near the new Vikings stadium.