Skip to main content

A new hotel is coming to downtown Minneapolis.

The former Minneapolis Crowne Plaza Hotel, 618 Second Ave. S, which closed at the start of the COVID-19 pandemic, has been sold and the new owners plan to turn it into a boutique hotel that will open in late 2022. 

Great Lakes Management Group bought the hotel in a deal that closed this week. It's working with Kothe Real Estate Partners and KP Property Development to turn the hotel into a 218-room Hotel Indigo by IHG, the Business Journal reports

The $25 million renovation is expected to begin next month, the Star Tribune says. The plans include removing escalators in the hotel to restore a 40-foot rotunda that was covered up. 

As a result of the sale, everything inside the Crowne Plaza Hotel is up for auction, a news release said. Nordeast Resale has been commissioned to sell "all assets" from the hotel.

The auction encompasses more than 2,000 items, including banquet and kitchen equipment, 169 full rooms, furniture and appliances. The entire catalog, which is available in a series of four auctions, can be viewed here. Bidding on the items will close between Dec. 4-Dec. 7.

"This will be the largest liquidation auction that we've taken on, and we are excited for the opportunity to help our clients move forward. These auctions will give buyers a unique opportunity to buy some great items from this hotel that was completely redesigned in the last few years," Alex Haigh of Nordeast Resale said in a statement.

Maple Plain-based is hosting the online auction.

Sign up: Subscribe to our BREAKING NEWS newsletters

The former Crowne Plaza Hotel was most recently sold in 2018. Taconic Capital bought it and the nearby Northstar Center office and parking buildings for nearly $63 million, Finance and Commerce reported.  

The new owners of the hotel bought it for an undisclosed amount. 

Bring Me The News has reached out to Great Lakes Management Group and Kothe Real Estate Partners for more information on the plans for the new hotel. 

Next Up

Rosedale Center

Two men sentenced for carjacking in Rosedale Center parking lot

Leon Kismit Bell, 49, and Jack Mitchell Piche, 23, were sentenced in U.S. District Court on Jan. 20.

Screen Shot 2023-01-27 at 3.59.30 PM

Police identify White Bear Lake officer shot while serving warrant

The officer is a six-year veteran of the department.

abortion, planned parenthood

Minnesota Senate passes bill codifying abortion into state law

Having already passed in the House, it will now be sent to Gov. Tim Walz for signing into law.

Screen Shot 2023-01-27 at 7.45.44 PM

Tyre Nichols: Initial police version of events bear similarities to George Floyd killing

Memphis PD said Nichols complained of 'shortness of breath' following 'confrontations' with police, who in reality violently beat him.

George Floyd, protest

Twin Cities authorities preparing for community reaction to Tyre Nichols video

The ATF division in St. Paul sent out an alert out of "an abundance of caution."

Screen Shot 2023-01-27 at 2.12.05 PM

Changes at K102's Chris Carr & Company, with Sam Sansevere joining as co-host

She is the daughter of former KQRS morning show personality Bob Sansevere.

Screen Shot 2023-01-27 at 1.16.21 PM

Minneapolis' Royal Foundry Craft Spirits announces closure

The distillery set out to infuse the Minneapolis craft cocktail scene with British flavor.


Shutterfly to cut almost 100 jobs at Shakopee facility

The layoffs are expected to impact multiple positions within the company.


Mill City Museum in the running to be named best history museum in the U.S.

The museum offers scenic views of the Mississippi River.


Wild Greg's Saloon

Is Wild Greg's Saloon set to reopen in downtown Minneapolis?

The recently-shuttered establishment looks to be reopening.


Comedian claims hotel bed bug ruined his Twin Cities visit

The Hilton Garden Inn in downtown Minneapolis states otherwise.

Screen Shot 2022-08-13 at 1.26.13 PM

Workers at Minneapolis Trader Joe's become 2nd in nation to unionize

The vote was certified by the National Labor Relations Board Friday.


Gasthof's building in Northeast Minneapolis is for sale

The restaurant opened in 1992 and has been closed amid the COVID-19 pandemic.

four seasons minneapolis pool rendering

New Four Seasons Hotel in Mpls. now taking reservations

Among the luxury hotel's amenities? The largest pool deck in the city.

Detour road construction

Nightly closures on eastbound I-94 in Minneapolis this week

The freeway is closed as crews continue to work on the years-long I-35W reconstruction project.

Screen Shot 2022-09-13 at 3.40.01 PM

Historic former hotel in downtown Duluth to be demolished

The building's fate was decided during a long discussion Monday night.

Screen Shot 2022-07-22 at 4.14.59 PM

Designs unveiled for proposed Lake Minnetonka hotel

Excelsior Bay Hotel aims to bring back the bygone days of local lakeside leisure.