F&C article on the Downtown hotel boom, which many industry experts believe is nearing an end. Article notes Mortenson breaking ground soon on Hyatt Centric at 800 Washington Ave S.
http://finance-commerce.com/2016/10/hot ... nneapolis/In just a matter of weeks, downtown has seen more than 500 new rooms come into the market. Nearly 300 more are on the way before the end of the year. The 245-room AC Hotel at 401 Hennepin Ave. S. opened earlier this month. In late August the 290-room Embassy Suites opened at 12 S. Sixth St. Next month the doors will open at the 164-room Radisson Red near the U.S. Bank Stadium and at the 124-room Hewing Hotel in the North Loop.