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October 28, 2016
Kraus-Anderson to build The Elliot, new luxury hotel in downtown Minneapolis
Hotel is part of new mixed-use block development,
featuring KA’s new headquarters, apartments and Finnegan’s microbrewery
MINNEAPOLIS, Minn. (October 2016) – Kraus-Anderson today announced it will build The Elliot, a new 8-story luxury hotel located at 5th Avenue at 9th Street in downtown Minneapolis. The Elliot, planned to be a 165-unit Autograph Collection® hotel by Marriott®, is part of the new comprehensive, mixed-use block development that will also feature Kraus-Anderson’s new home office, a 17-story H.Q. residential tower and Finnegan’s microbrewery.
Designed by ESG Architects, The Elliot will include a destination restaurant, bar, event space and meeting rooms, and will be connected to Finnegan’s microbrewery. Wilkinson Corporation (WC) is developing this hotel in cooperation with KA. WC is an international commercial real estate investment firm committed to excellence in local community developments.
“We believe in the value of the Elliot Park Neighborhood and are excited to be part of this master plan redevelopment in East Town, Minneapolis,” said Russell Wilkinson, chairman and founder of Wilkinson Corporation. “The Elliot is one of several development projects we are working on in Minnesota.”
The Elliot is designed to be a member of Marriott’s 4-Diamond Autograph Collection, which includes some of the finest and most distinctive high-end boutique resort hotels in the world. Autograph Collection hotels are independent properties, featuring unique design, inherent craft and a direct connection to the community.
Coury Hospitality is partnering with WC to operate The Elliot. Coury Hospitality is a leading operator of Marriott Autograph Collection hotels, one of which ranks first in North America for Marriott Customer Satisfaction.
“Each of our hotels boasts unique experiences rooted in their personality. No two are the same since no two hotels share the same story,” said Paul Coury, chairman of Coury Hospitality. “The Elliot will be distinct and aims to showcase some of the most beautifully orchestrated hotel experiences the world has to offer.”
Located in Elliot Park, the new hotel is designed to fit into the fabric of the existing historic neighborhood. An attractive brick exterior will include metal clad bays and large windows, a transparent first floor, and a new streetscape with high-quality landscaping and large canopy trees that will be inviting to guests, visitors and pedestrians.
A hotel guest drop-off for automobiles and the highly visible restaurant will both have dedicated entrances off 5th Avenue. An expansive lobby that will connect to a mid-block courtyard will also have an additional drop-off location.
Comprehensive block development
Kraus-Anderson (KA) teamed with ESG Architects to develop the master plan for the entire block. Guided by the Downtown Minneapolis Neighborhood Association and the Elliot Park Neighborhood Group, the plan provides significant enhancements for the City and the neighborhood, and for KA employees and business partners. It also addresses the Portland Corridor initiative that focuses on the neighborhood’s economic, aesthetic, historic and environmental needs, including Elliot Park’s master plan with considerations for housing and pedestrian-friendly streetscapes.
In April 2016, KA began construction on its new five-story, 100,000-square-foot headquarters, which consolidates its Twin Cities operations under one roof in a new, build-to-suit LEED facility. The new headquarters will house approximately 300 employees, doubling the current downtown staff with room for future expansion on the site. Designed by Pope Architects, planned amenities include a fitness center, educational training center, rooftop deck, cafeteria, formal and informal meeting areas, and an appealing, well-landscaped exterior. The plan also includes two levels of underground parking to serve KA’s office employees.
KA has already completed two construction milestones on the block development. This month, the company topped off its headquarters building and began vertical construction of H.Q., the residential tower.
Established in 1897, Kraus-Anderson, an EOE AA M/F/Vet/Disability Employer, is headquartered in Minneapolis, Minn. and has regional offices in Madison, Wis., Bismarck, N.D., and Duluth, Bemidji and Rochester Minn.