Monello and Constantine closing in Hotel Ivy, new concepts from APICII Hospitality to replace them


Jester Concepts' Italian restaurant and subterranean bar in downtown Minneapolis are closing soon, as the luxury hotel where they operate repositions its food and beverage program.

After eight years within Hotel Ivy, Monello and Constantine are ending their run on May 31, the Edina-based restaurant group announced Monday morning.

Last March, investment firm Monarch Alternative Capital paid $30.75 million for the 136-key hotel – nearly 54% more than the $20 million Heartland Realty Investors…

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