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RBC Gateway

Mixed-use skyscraper in Minneapolis From Wikipedia, the free encyclopedia

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RBC Gateway is a 37-story, 519-foot-tall (158 m) mixed-use skyscraper in Minneapolis, Minnesota. The building contains 34 luxury condominium units, a 222-room Four Seasons hotel, and 530,000 square feet of office space.[1]

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History

RBC Gateway was initially proposed in 2015 by United Properties as part of a public competition to redevelop a surface parking lot in downtown Minneapolis and called for a 300-room Hilton hotel and office space.[2] In June 2019, the developer announced that plans for the tower would be revised to instead incorporate a 222-room Four Seasons hotel and 34 luxury condo units rather than the originally slated Hilton.[3][4] RBC Gateway held a ceremonial groundbreaking on June 19, 2019, with expected completion in 2022.[5]

In July 2023, San Francisco investment firm Spear Capital acquired the 16 floors of office space in RBC Gateway from United Properties for $225 million.[6] The sale did not include the hotel or condo floors of the tower.[7]

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Construction

Construction on RBC Gateway began in June 2019 and was completed in 2022.[8] The general contractor for the project was Minneapolis-based McGough Construction and it was designed by Smallwood, Reynolds, Stewart, Stewart & Associates, Incorporated.[9]

See also

References

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