800 Washington Ave S (Guthrie Ramp liner parcel)

Downtown - North Loop - Mill District - Elliot Park - Loring Park
ztr421
Nicollet Mall
Posts: 166
Joined: October 2nd, 2012, 9:10 am

Re: Hyatt Centric - 800 Washington Ave S (Guthrie Ramp liner parcel)

Postby ztr421 » August 3rd, 2017, 2:57 pm


Silophant
Moderator
Posts: 4470
Joined: June 20th, 2012, 4:33 pm
Location: Whimsical NE

Re: Hyatt Centric - 800 Washington Ave S (Guthrie Ramp liner parcel)

Postby Silophant » August 3rd, 2017, 3:09 pm

Damn it. I figured it might be coming, since it was approved long ago but hadn't started yet, but now that parcel is going to sit empty for years again.
Joey Senkyr
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min-chi-cbus
Capella Tower
Posts: 2869
Joined: June 1st, 2012, 9:19 am

Re: Hyatt Centric - 800 Washington Ave S (Guthrie Ramp liner parcel)

Postby min-chi-cbus » August 3rd, 2017, 6:23 pm

This was one of my favorite infill projects -- what a shame. What about the other contenders....is it too late to offer them the project?

Silophant
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Joined: June 20th, 2012, 4:33 pm
Location: Whimsical NE

Re: Hyatt Centric - 800 Washington Ave S (Guthrie Ramp liner parcel)

Postby Silophant » August 3rd, 2017, 7:13 pm

Probably not, but... the other contenders had also pitched midrise hotels. If Mortensen couldn't get financing for a mid-rise hotel on this site, I don't really see any reason to assume that Sherman or whoever would be able to.
Joey Senkyr
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VacantLuxuries
Foshay Tower
Posts: 973
Joined: February 20th, 2015, 12:38 pm

Re: Hyatt Centric - 800 Washington Ave S (Guthrie Ramp liner parcel)

Postby VacantLuxuries » August 3rd, 2017, 7:20 pm

Maybe someone could come and pitch apartments or condos? A hotel would have been nice from a lot-filling perspective, but we're still in pretty serious need of more housing...

mnmike
Wells Fargo Center
Posts: 1092
Joined: June 2nd, 2012, 11:01 am

Re: Hyatt Centric - 800 Washington Ave S (Guthrie Ramp liner parcel)

Postby mnmike » August 3rd, 2017, 7:55 pm

Probably wise...the hotel market is getting a bit saturated...we are starting to see a race to the bottom on rates as hotels try to gain occupancy...particularly for future group business.

Silophant
Moderator
Posts: 4470
Joined: June 20th, 2012, 4:33 pm
Location: Whimsical NE

Re: Hyatt Centric - 800 Washington Ave S (Guthrie Ramp liner parcel)

Postby Silophant » August 3rd, 2017, 8:27 pm

Maybe someone could come and pitch apartments or condos? A hotel would have been nice from a lot-filling perspective, but we're still in pretty serious need of more housing...
It would be pretty great for someone besides Shamrock to build condos downtown.
Joey Senkyr
[email protected]


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