Starwood Hotels & Resorts Worldwide will open a W Hotel in Minneapolis, Minn. in the Foshay Tower. Soaring 447 feet into the air, W Minneapolis-The Foshay will feature 229 luxury guest rooms, including 18 suites.

"W continues to extend beyond the boundaries of everyday travel, offering a magical mix of sexy destinations and sublime design," said Ross Klein, President of Starwood's Luxury Brands Group. "W Minneapolis-The Foshay will offer an enticing blend of warmth, wit and whimsy in one of the world's most vibrant destinations. From Minneapolis to Milan, Hoboken to Hong Kong, W Hotels is going global as the influential and innovative lifestyle authority."

"Like so many of us who grew up here I remember visiting the Foshay as a kid and going up to the Observation Deck to view the city," said Ralph Burnet, general partner, Foshay Hotel LLC. "To marry the Foshay with the W brand is incredibly satisfying. The W is the most hip hotel chain in the world. It's going to give the Foshay renewed life and energy and once again make it a Twin Cities destination landmark."

The hotel is owned by Foshay Hotel LLC.