IN THE NEWS
Wilkinson Development, LLC, and Partners Break Ground on Construction of New Downtown Minneapolis Luxury Hotel
YAKIMA, WA, August 4, 2017 – Construction is commencing on the Elliot Park Hotel, a new Marriott® Autograph Collection® luxury full-service hospitality project in downtown Minneapolis, MN. Yakima, WA-based developer, Wilkinson Development, LLC, is proud to be spearheading the Elliot project. Wilkinson Development is a wholly-owned subsidiary of Wilkinson Corporation.
A symbolic groundbreaking ceremony was held at the project site on Tuesday, August 1, commemorating the partnership of companies and joint venture investors involved in the Elliot’s design and start of construction.
Over the last year, Wilkinson Development (WD) has formed partnerships with key industry leaders to bring the vision of the Elliot to fruition. The total hotel project cost is estimated at $50 million. On June 30, 2017, WD closed on the acquisition of the hotel development site and will continue to oversee project construction, with an anticipated opening date in late summer/early fall 2018.
The Elliot Park Hotel will be a 168-room, eight-story, full-service hotel in one of Minneapolis’ oldest downtown neighborhoods. It will offer over 2,300 square feet of high-end event space and boardrooms, a fireside lounge, fitness center, valet, concierge, and luxury guest rooms. Its central location will provide easy access to the Convention Center and other event venues, like the U.S. Bank Stadium. Tavola, the hotel’s farm-to-table Italian restaurant, will include the warm, inviting feeling and decidedly local brand of hospitality echoed throughout the property.
The hotel is part of a larger block redevelopment that includes: the new corporate headquarters of Kraus-Anderson, one of WD’s partners and the project site’s master developer and general contractor; a 17-story residential apartment tower currently underway; a microbrewery; and outdoor common areas and underground parking.
“A highly complex, and rewarding endeavor,” is how Wilkinson Corporation CEO, Lonnie Gienger, describes the team’s work on the hotel. “A project of this magnitude and complexity requires consistent vision, perseverance, and building solid relationships with a long list of skilled partners,” said Gienger. “We were blessed to find, and now work with, a number of major players who are absolutely at the top of their industry, including the architect, general contractor, construction team, branding and marketing team, hotel operator, lenders, and others. The hotel’s successful completion stands on the development of these relationships with best-in-class partners as much as the development of the best possible quality physical plant. Building quality, long-term relationships is one of our core values and a hallmark of Wilkinson Corporation’s more than 25-year history.”
Kraus-Anderson, General Contractor, has deep experience in the construction of many high-quality boutique hotels and is consistently ranked as one of the leading general contracting and construction management firms in the United States, as well as among the top five in Minnesota for total construction volume for several years.
ESG Architecture & Design, Designer, is a seasoned hospitality design firm with a portfolio of projects in Minneapolis, including the Aloft Hotel by Starwood, the W Hotel, Foshay Tower and the Renaissance Marriott Hotel at the Depot, along with the Sheraton Hotel and Condominiums in Duluth, MN.
Company B, a Marriott® Autograph Collection® preferred branding agency, created the hotel’s brand. “Stay in the Moment,” Elliot’s brand tagline, sums up how the hotel will be an unforgettable addition to the Marriott® Autograph Collection®. Close to many downtown attractions, the Elliot is walkable, approachable and part of the community in which it is being developed. “Warm and welcoming, urban and sophisticated, Elliot Park Hotel delights in delivering special moments through inviting guest rooms, enticing food and beverage and the spark of both fire and conversation.” The intent of the Elliot brand is to embody the Danish feeling of “hygge,” as Company B explains, “to make every day more beautiful, special and meaningful…in the collectiveness of quiet moments, sincere engagement and special touches that leave a sense of calm satisfaction.”
The Elliot Park Hotel will be operated by Coury Hospitality, best known for its Ambassador Hotel Collection of Marriott®-branded boutique hotels, restaurants, bars, event spaces and world-class award-winning service. Among Coury’s many accolades, one of its hotels—the Ambassador Tulsa—was ranked ninth by TripAdvisor among the top 25 U.S. hotels in 2017, and ended 2016 as the number one full-service hotel on Marriot’s global guest satisfaction survey. With five additional Autograph Collection® hotels underway, Coury Hospitality’s geographic reach will expand from Oklahoma and Kansas, to include Texas, Minnesota, Indiana and Wisconsin.
Gienger recalls the journey: “I’m proud of the tenacity of the Wilkinson Development team and our broader corporate team, for all the people who pushed this forward and put in the untold hours of work to accomplish a successful funding of this project that is now ready to go vertical. I’m also proud that through our efforts we will be adding value to the Elliot Park community of Minneapolis. This hotel will provide a world-class hospitality environment offering meaningful and memorable experiences for the people of Minneapolis, as well as travelers from around the world. And we can say ‘we helped make that happen.’”