The Plymouth Building at the corner of 6th Street and Hennepin Avenue downtown will be converted from commercial office space into a five-star Conrad Hotel.
According to documents submitted to the city, the new hotel will have 264 rooms and a new restaurant/bar at ground level. There will be a 3,300-square-foot addition to the 3rd floor and some minor signage added, but otherwise the 13-story building’s façade will remain untouched. Lyon’s Pub will remain open at the ground floor of the building while the renovation takes place.
Conrad is a luxury brand under Hilton Worldwide, named after Hilton founder Conrad Hilton. Conrad Hotels have been built in exotic locales across the globe, but only five exist in the United States.
The Plymouth Building was built in 1910 and was added to the National Register of Historic Places on February 5. The historic designation makes the project eligible for tax credits to help finance some of the renovation.
Plymouth Building Property Manager Tim Jackson said he’s already helped some of the building’s tenants move out, and several more are actively looking for new space, but he was unsure if there was any final deadline to vacate the property before construction begins.
Heartland Realty Investors is buying the building, Elness Swenson Graham is serving as the architect of the project and Ryan Companies will develop it and carry out the construction. Heartland recently purchased the four-star Hotel Ivy downtown, but before that the company mostly focused on residential projects.
Representatives at Ryan and Heartland declined to comment on the project.