It looks like Minneapolis is gearing up for another luxury hotel—that is, if Heartland Realty Investors has its way.
According to this article from the Minneapolis/St. Paul Business Journal, says that Heartland, which recently acquired the Hotel Ivy, is under contract to buy the 104-year-old Plymouth Building located at Sixth Street and Hennepin Avenue in the city.
According to the article, Heartland is looking to finalize a franchise agreement with Hilton Worldwide to put a Conrad hotel in the 12-story location, although Hilton or Heartland did not confirm the news.
For more information, visit the Minneapolis/St. Paul Business Journal.
Photo credit: Sam Black, MSPBJ