Lehava

Ironically this week I was staying at the FP Capital in Minneapolis and mentioned that to one of my clients (an architectural firm) and it turns out they had just come from a meeting there. It seems the property has been sold to Target, they are tearing down the hotel and putting in a super target. Front desk at the hotel confirmed this today. Target date is Oct 31 but feeling is it will happen sooner.

Really not sure this is a great loss overall (except for the fact that the Minneapolis area needs more reasonably priced hotels, new properties all seem to be high end). The FP was an older property, not overly clean, kinda dark and just had a weird atmosphere (one of those where you cant decide what you think of it) but at $89 a night it was liveable. Isnt in the greatest neighborhood either.