Funding Needed
$34.8 (Mio)
EB5 Funding
$17.5 (Mio)
EB-5 Investors
Investment Amount


Job Creation per Investor
Job Creation (Total)
Accommodation and Food Services
Hotels (except Casino Hotels) and Motels


St. Paul, Minnesota.


Last Update: August 22, 2015 05:06 AM

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Hyatt Place Hotel, St. Paul, Minnesota

Developer Name
Red Leaf Development & Exeter Group LLC

Project Description

This project involves the rehabilitation and repurposing of a former U.S. Post Office in St. Paul, Minnesota and is today known as “Custom House.” This seventeen story building features over 700,000 square feet of space and will be converted to a 152 room Hyatt Place hotel on the lower floors with the upper floors being converted to rental apartments. A parking structure will also be built.

Project Timeline

Property Acquired : August 2013
Historic rehab approval :
a. Part 1 approved in December 2013
b. Part 2 approved in June 2014
Start of interior demolition : May 2015
Start of full construction : July 2015
End of construction : September 2016
Operational business : 2016

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