Officials from the Mall of America have confirmed that the Shakopee Mdewakanton Sioux Community signed a letter of intent for the development rights to an upscale hotel. The 330-room facility will be part of $250 million expansion at the Bloomington retail behemoth.
The Minneapolis-St Paul Business Journal reports that the upscale hotel that the Shakopee Mdwakanton Sioux Community will own will likely will be branded as a JW Marriott. Marriott describes JW Marriott as its "most elegant and luxurious brand."
In the expansion plan, the Shakopee Mdewakanton Sioux Community will cover the $105 million development cost for the hotel. The mall's owners will kick in the costs for the retail expansion, with the city of Bloomington footing the bill for the parking ramp.