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Mortenson revives hotel plans near First Avenue nightclub

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Golden Valley-based Mortenson Construction is ready to buy a downtown Minneapolis parcel in hopes of building a nine-story, 220-room hotel, the Minneapolis/St, Paul Business Journal reports.

The site is at the corner of First Avenue North and 8th Street North, where Turnstone Group recently suspended plans for a nine-story apartment building, according to the journal, and sits just across the street from First Avenue, the lovable dungeon of rock 'n' roll lore.

Turnstone isn't talking, but Mortenson's Bob Solfelt tells the journal that the hotel would likely be a limited-service one, like a Four Points by Sheraton or a Hampton Inn.

Mortenson, which has its fingers in several pies all across the country, won the bid for the new Vikings stadium in February and is also the contractor behind Target Field, Target Center, TCF Bank Stadium and Xcel Energy Center.

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