EDINA, Minn., June 15, 2017 /PRNewswire/ -- Crews broke ground
today on Edina's newest hotel.
Homewood Suites by Hilton – a four-story, 146-room, all-suites
hotel – is expected to open early fall 2018. Part of the continued
evolution of the shopping, dining, entertainment and residential
destination, the hotel will be located at the northeast corner of
the Southdale parking lot and will include meeting space, a fitness
room, an indoor swimming pool, a lobby bar, a patio with a fire
pit, and an outdoor cooking area.
Edina Mayor James Hovland was at the groundbreaking ceremony
this morning. "Southdale Center is home to a thriving retail and
residential area, and the addition of this stunning hotel will
enhance the vibrancy of our city and particularly the vitality of
the Southdale District," said Mayor Hovland. "The Edina community is looking forward to
welcoming Homewood Suites next fall."
The property is owned through a joint venture between Noble
Investment Group, an Atlanta-based
hotel investment and development firm, and Simon Property Group,
the owner and operator of Southdale. This project continues the
original vision for the Southdale Center site – to create a
connected community epicenter. Building on the success of One
Southdale Place, opened in 2014, the new Hennepin County Service
Center, and the recently announced Life Time, opening in 2019, the
addition of this hotel is another step in the evolution of
Southdale.
"Along with our partner Noble Investment Group, we are excited
to begin construction of the Homewood Suites by Hilton at
Southdale," Patrick Peterman, VP of
Development for Simon. "This all-suites hotel will offer all of the
amenities that guests want, from a great indoor pool to a beautiful
patio with year round fire pit – all steps away from the shopping,
restaurants and entertainment offered at Southdale."
The hotel will be located on York Avenue South and West
66th Street in Edina
and is projected to open in the fall of 2018.
About Noble Investment
Group
Since 1993, Noble has specialized in
making value-added, opportunistic and income investments in upscale
select service and extended-stay hotels affiliated with Marriott,
Hyatt, Hilton and Intercontinental. Through its private equity real
estate funds, Noble has invested more than $3 billion in communities throughout the United States, creating thousands of jobs.
As a fiduciary to state pensions, university endowments and
foundations, Noble's endeavors help to preserve and grow our
limited partners' capital which provides retirement benefits for
millions of our country's teachers, policemen and firefighters as
well as financial resources for students to attend college. For
more information, please visit nobleinvestment.com
About Southdale Center
Southdale Center is the
nation's first indoor regional shopping mall. The center, which
opened in 1956, is anchored by Macy's and Herberger's. Southdale
includes more than 120 specialty stores ranging from women's
apparel to gifts and jewelry. Among the 120 specialty stores are
Michael Kors, Madewell, Brighton Collectibles, J. Crew, Francesca's
Collections, Sephora, Coach, and The Apple Store. The mall also
features a wide variety of sit-down and grab-and-go dining options,
and includes a full-service movie theater, AMC Southdale 16.
Located off of 66th Street and France Avenue in
Edina, Southdale serves
the Twin Cities metro area. For
more information, visit simon.com/mall/southdale-center.
About One Southdale Place
One Southdale Place was
completed in early 2015 as a joint venture between StuartCo and
Simon Property Group. It was a significant initiative with the
City of Edina's vision of
connectivity bringing a housing aspect to Southdale Center, and was
recognized by the Wall Street Journal as a unique urban living
option. The five-acre development features 232 units spread over
three connected buildings. Floor plan sizes range from studio to
three bedroom floor plans as well as exceptional top-floor
penthouse units. Walkability, concierge service, luxury amenities,
and condo-quality finishes are key attractions of this
distinguished rental address. For more information and images,
visit www.onesouthdale.com
About Simon
Simon is a global leader in the ownership
of premier shopping, dining, entertainment and mixed-use
destinations and an S&P 100 company (Simon Property Group,
NYSE:SPG). Our properties across North
America, Europe, and
Asia provide community gathering
places for millions of people every day and generate billions in
annual sales. For more information, visit simon.com.
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SOURCE Simon