Last fall, MCR acquired the DoubleTree from a lender who foreclosed on their borrower. MCR’s purchase price was more than a 40% discount to what the hotel previously sold for in 2018. In June 2021, MCR rebranded the hotel from a DoubleTree to a Hilton Garden Inn.
The Hilton Garden Inn is MCR’s second hotel in Minneapolis. MCR also purchased the 60-room Chambers Hotel in downtown at a price that was nearly 50% below the prior owner’s cost basis.
Located on the University of Minnesota’s East Bank main campus, the Hilton Garden Inn Minneapolis University Area is across from the M Health Clinics hospital and its recently opened $160 million surgery center. The Stadium Village light rail station — with links to Minneapolis−Saint Paul Airport — is just two blocks away.
Part of the Big Ten (the oldest Division I collegiate athletic conference in the U.S.), the University of Minnesota has an energetic sporting scene. The hotel is a short walk from TCF Bank Stadium (home of the school’s Golden Gophers football team), where the Gophers will kick off their much anticipated football season against the Ohio State Buckeyes on September 2! Williams Arena basketball court and the 3M Arena at Mariucci (where the Gophers play ice hockey and fans in the stands shout “Ski-U-Mah,” the famous chant since the 1800s) are also just a stone’s throw away.
The Hilton Garden Inn Minneapolis University Area is located at 511 Huron Boulevard SE and features:
- 141 pet-friendly guestrooms and suites with mini-refrigerators and coffeemakers
- The Huron Bistro & Bar
- A 24-hour grab-and-go market with snacks and beverages
- Free fast Wi-Fi
- A 24-hour fitness center
- A 24-hour business center
- An indoor pool and hot tub
- 6,000 square feet of flexible event space with floor-to-ceiling windows