The hotel's new owner, Los Angeles-based private equity firm Platinum Equity, plans to spend $12.5 million on renovations and will rebrand it as a DoubleTree hotel later this year.
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The company also announced that its fire-fighting product, TetraKO, will now be distributed in parts of the western United States.
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According to the Star Tribune, Chipotle fired "hundreds" of its Minnesota employees after an audit revealed that some were illegal workers.
A new initiative hosted by the BioBusiness Alliance of Minnesota will provide a statewide Web-based portal designed to connect the state's start-ups with investors.