“Shovel ready” is how developer Titan Ventures described a $140-million project to develop a mixed-use Hilton Hotel at the southeast corner of Broadway and Center Street.
The 23-story, 4-star hotel is designed to accommodate the unique needs and expectations of a medical clientele, including places for in-building blood draws, accessibility to Mayo Clinic, and rooms with special amenities.
Named “Broadway at Center” by Titan, the project will include 264 hotel rooms, presidential and executive suites, and 33 apartments for longer-term residents and patients.
City projections suggest the project will include $140 million in private investment, will generate $1 million in annual tax revenue, and produce 250 permanent jobs. Construction is expected to last 2 years, Titan said.
This will be a Hilton Hotel like none other.
— Presentation from developer Titan Ventures
This project received unanimous support from the DMCC Board of Directors. Developers said construction will begin “within weeks.”