Mystic Lake Hotel Casino is adding a new hotel tower and replacing part of its aging convention center space with a 70,000-square-foot convention center.
The Shakopee Mdewakanton Sioux Community (SMSC) said Mystic Lake’s nine-story hotel will add 180 rooms to the existing 586 rooms in the Mystic Lake Casino Hotel for a total of 766 rooms.
The tally will move the company up one slot among the Twin Cities' largest hotels, ranking it just behind the Hilton Minneapolis (821 rooms) and ahead of the Hyatt Minneapolis (645 rooms).
On the event side, Mystic Lake already operates two ballrooms and several meeting rooms totaling 67,000 square feet. About half of that space will be repurposed into a "non-gaming" use that the tribe isn't ready to disclose, according to a spokeswoman for SMSC.
It will keep the other half of that space for conventions, and with the new center Mystic Lake will have 100,000 square feet of convention space.
The new convention space will have two large ballrooms and several smaller meeting rooms. Three-story windows will overlook The Meadows at Mystic Lake golf course. There will also be an outdoor patio space and an executive boardroom with a balcony offering golf course views.
Tower construction starts in April 2016. It will open by the end of 2017, Mystic Lake’s 25th anniversary.
SMSC is expanding the property to meet growing demand for hotel and convention space, said Edward Stevenson, president/CEO of the SMSC Gaming Enterprise that operates Mystic Lake and Little Six Casino.
The tribal government approved the plans, which do not need any municipal approvals. SMSC declined to disclose the value of the expansion, but estimates the project will create about 400 construction jobs and about 100 permanent jobs.
A project this scale could cost between $30 million and $40 million, according to a construction industry source who requested anonymity to protect client relationships.
Worth Group Architects & Designers, based in Denver, designed the addition. The tribe hasn’t selected a contractor.
Reported by: Minneapolis/St. Paul BUsiness Journal