A brick Traffic Command Center building surrounded by the I-35W exit and entrance ramps in Elliot Park could become the site of a 10-story hotel.
A development team called Convention Center Hotel LLC has proposed a 218-room hotel on a strip of land between South 11th Street, 12th Street, 4th Avenue and Highway 65. The traffic center formerly occupied by the Minnesota Department of Transportation at 1125 4th Ave. S. would be demolished.
Global One Hotel would feature an indoor swimming pool, restaurant and bar, and 35 underground parking spaces. Additional parking would come from off-site parking arrangements. A site and landscape plan indicates that a driveway through the site would enter and exit on 4th Avenue South.
If all goes as planned, the developers say construction should start in April and the hotel would open in June 2008.
Mark Globus of Global One Commercial declined to discuss the project last week, but development representatives met with residents in Elliot Park to lay out the plans.
“We’re still in the early stages of development,” Globus said. “There are a lot of issues that are tentative and [the project] could really change.”
The current proposal circulated to Elliot Park, Loring Park and the Downtown Minneapolis Neighborhood Association calls for an exterior skin of brick, glass and stucco.
“The design will be somewhat of a classical look with some edgy detailing and use of different materials and colors that will complement the downtown architecture and the neighborhoods which it is located within,” stated a project description sent to neighborhood leaders.
Jane Lee, a real estate representative in the transportation department, said the traffic center was constructed in 1972. She said MnDOT has since outgrown the building and moved into a new space. MnDOT requested bids for the land in July 2006, and received only one bid, from the team that is proposing the hotel project. The sale took place in late 2006 for $1,301,000.