The last train left in 1971, but The Depot still stands as a monument to romantic, adventurous rail days gone by. For nearly seven decades, family members and loved ones stood at the atrium of the Depot and waved to passengers boarding the trains of the Milwaukee Road line. A prosperous hub of business and personal travel, this was the place where ambition set forth, destinies converged, and hearts became one.
The rail line, first built in 1864, was originally known as the Minnesota Central Railroad. In 1867 the Milwaukee and St. Paul Railroad bought the Minnesota Central Railway, changing the name of the railroad to the Chicago, Milwaukee and St. Paul Railroad in 1874 before shortening the name to Milwaukee Road. The old Milwaukee Road Depot was constructed in 1899 and remains one of the last long-span, truss-roofed sheds surviving in the nation.
The Depot, a Renaissance Revival style building, was designed by Charles Frost. Considered conservative in style, the ground floors were paved in white marble with black borders and walls were built with cream and brown enamel brick. The ceiling of intricately paneled oak gave the rooms a large, spacious feel. The total cost of the Depot was about $200,000.
The Depot fluttered with activity during the late 1800s when Minneapolis was a rapidly growing city. At the peak of activity in 1920, the prosperous Depot was bustling with 29 trains departing daily. In 1971, the Milwaukee Road terminated rail service to Minneapolis and converted the building into office use. In 1978, the Minnesota Historical Society placed The Depot and the nearby freight house on the National Register of Historic Places.
The Minneapolis Community Development Agency purchased The Depot and the seven-block surrounding areas from the Resolution Trust Corporation for $2 million to preserve its historic significance. In recent years, there have been numerous development concepts for The Depot ranging from an agricultural museum to a casino.
In 1998, the MCDA approved a land sale to CSM Corporation for the development proposal currently underway at The Depot. The finished complex includes the Renaissance Minneapolis Hotel, The Depot, the Residence Inn Minneapolis Downtown at The Depot, an interpretive history center about the Depot, Milwaukee Road, banquet space, underground parking for 650 automobiles and an enclosed seasonal ice rink. The entire project was completed in July of 2001.