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]
RBC Gateway | |
---|---|
General information | |
Status | Completed |
Address | 250 Nicollet Mall |
Coordinates | 44°58′53″N 93°16′09″W / 44.98137920000061°N 93.2690919288328°W |
Construction started | 2019 |
Completed | 2022 |
Height | 519 ft (158 m) |
Technical details | |
Floor count | 37 |
Design and construction | |
Architect(s) | Smallwood, Reynolds, Stewart, Stewart & Associates, Inc. |
Developer | United Properties |
Main contractor | McGough |
History
editRBC 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]
Construction
editConstruction 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
editReferences
edit- ^ CAE, Kathryn Hamilton (2024-05-09). "RBC Gateway: Soaring to New Heights in Minneapolis". blog.naiop.org. Retrieved 2024-10-03.
- ^ Bentley, Chris (2015-02-12). "Minneapolis planners pick 36-story tower for Nicollet Hotel block". The Architect’s Newspaper. Retrieved 2024-10-03.
- ^ "Print Preview". press.fourseasons.com. Retrieved 2024-10-03.
- ^ "Plans Unveiled for Four Seasons in RBC Skyscraper". Twin Cities Business. 2019-06-12. Retrieved 2024-10-03.
- ^ "RBC Gateway Breaks Ground; Tower's Office Space Nearly 85 Percent Leased". Twin Cities Business. 2019-06-19. Retrieved 2024-10-03.
- ^ Buchta, Jim (2023-07-26). "Downtown Minneapolis' high-profile RBC Gateway offices sell for $225M". www.startribune.com. Retrieved 2024-10-03.
- ^ "CBRE Arranges $225M Sale of Minneapolis' RBC Gateway Tower Office". Connect CRE. Retrieved 2024-10-03.
- ^ "RBC Gateway - The Skyscraper Center". www.skyscrapercenter.com. Retrieved 2024-10-03.
- ^ "RBC Gateway". McGough. Retrieved 2024-10-03.