Mille Lacs makes huge hotel purchase

ONAMIA, MN-Mille Lacs Corporate Ventures (MLCV) today announced it has expanded its hospitality footprint with the purchase of the DoubleTree by Hilton Minneapolis Park Place Hotel in St. Louis Park, MN. The hotel marks the fourth major hotel asset purchased by MLCV in the past three years.

The 297-room DoubleTree by Hilton Minneapolis Park Place is a profitable, turn-key investment for Mille Lacs Corporate Ventures and a strategic expansion of its holdings in the Greater MSP market. Located in St. Louis Park, the hotel is minutes away from the Minneapolis Convention Center, Target Center, Tar...

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