Soaring 447 feet into the air, W Minneapolis-The Foshay will feature 229 luxury guest rooms, including 18 suites, and will provide travelers with spectacular city views, expansive meeting space, a world-class signature restaurant and a destination bar. Owned by Foshay Hotel LLC, W Minneapolis-The Foshay will be centrally located in downtown Minneapolis, a city celebrated for its thriving theatre district, independent music offerings and cutting-edge art scene. The hotel's opening is scheduled for late 2008. Modeled after the Washington Monument, this symbol of American prosperity was built by multi-millionaire, real estate developer Wilbur B. Foshay in 1929 and was instantly heralded as a masterpiece. W Minneapolis-The Foshay will preserve many of the building's original, opulent design touches including Italian marble, terrazzo floors, ornamental bronze and a massive, gold and silver-plated lobby ceiling. The hotel will also offer magnificent city views from the Observation Deck on the 31st floor.