1300 Nicollet Mall Minneapolis, Minnesota, USA, 55403

Year Built: 1981
Guestrooms: 645
Suites: 48
Meeting Space, including pre-function (SF): 105,000 sq. ft., with 45 meeting rooms
Restaurants/Lounges: 1 restaurants/ 1 bars/lounges
Gross Building Area(SF): 1.2 million sq ft

In March 2011, Haberhill and Starwood Capital entered into a joint venture with Hyatt to purchase the Hyatt Regency Minneapolis for $50 million and invested another $26 million in a comprehensive renovation of all guestrooms, the lobby and restaurants, which was completed in June 2012.

A further $22 million expansion of the Hyatt’s guestrooms and meeting space (112 rooms in approximately 30,000 sq. ft of meeting space) began at the end of 2012 and is currently underway, and was completed in July 2013.  Cash flow of the hotel has more than quadrupled.