The Rise, Fall, and Pardon of Wilbur Foshay: Unveiling Minneapolis’ First Skyscraper
The Foshay Tower stands as one of Minneapolis’ most iconic landmarks, etched into the city’s skyline as a symbol of ambition and resilience. Built in 1929, it was the vision of Wilbur Foshay, a utilities magnate whose dramatic rise and fall became the stuff of legend. This list uncovers the history, controversies, and enduring appeal of the Foshay Tower, offering a glimpse into the man behind Minnesota’s first skyscraper.
The Vision Behind the Foshay Tower
Wilbur Foshay’s dream was grand. Inspired by the Washington Monument, he wanted his skyscraper to reflect power and prestige. The Foshay Tower became a statement piece, showcasing Art Deco design and standing tall at 447 feet with 32 stories—a testament to Foshay’s success in the utilities industry. Learn more about its design and history.
Construction Amid Economic Optimism
Built during the Roaring Twenties, the tower’s construction was a celebration of the economic boom. The lavish grand opening in August 1929 included a ceremony as extravagant as the building itself, with Foshay personally planning every detail.
A Celebration Cut Short by Tragedy
Just weeks after its grand opening, the stock market crash of 1929 marked the beginning of the Great Depression. The timing couldn’t have been worse for Foshay, whose fortunes took a drastic downturn. Explore the impact this had on Foshay’s empire.
Foshay’s Financial Ruin
Foshay’s empire collapsed amidst accusations of running a pyramid scheme. His financial troubles were compounded by lawsuits, and in 1932, he was convicted of fraud. The man behind Minneapolis’ first skyscraper went from tycoon to inmate, a cautionary tale of ambition gone awry.
The Pardon That Changed Everything
Years later, Foshay received a presidential pardon, allowing him to rebuild a semblance of his life. While his dreams of grandeur were behind him, the pardon offered him a shot at redemption.
The Tower’s Decline
After Foshay’s downfall, the Foshay Tower experienced a period of neglect. It lost some of its prestige, but its architectural beauty and historical significance kept it from being forgotten. Read about the building’s journey here. Today the building has been completely restored.
A Modern-Day Revival
In the 21st century, the tower was revitalized as the W Minneapolis – The Foshay. This renovation preserved its historic charm while adding a modern touch, blending history with luxury.
Visiting the Foshay Museum & Observation Deck (2026)
Today, visitors can enjoy stunning 360° views of Minneapolis from the observation deck. This unique experience offers a perfect mix of history and scenic beauty, making it a must-visit destination.
How to Visit
- Enter through the W Minneapolis – The Foshay hotel lobby at 821 Marquette Ave
- Take the designated elevator to the 31st Floor observation deck
- Explore Foshay Tower history exhibits before heading to the deck
- Access requires climbing two flights of stairs (webcam alternative available for accessibility needs)
Hours & Admission (2026)
| Hours | Daily 9 AM – 9 PM |
| Address | 821 Marquette Ave, 31st Floor, Minneapolis, MN 55402 |
| Phone | (612) 215-3700 |
| Book Online | wminneapolisfoshay.realtimereservation.com |
| Admission | Call or check booking site for current 2026 rates |
The Foshay Museum (30th Floor)
Before heading to the observation deck, explore the Foshay Museum on the 30th floor. The museum features:
- Historical photographs and documents about Wilbur Foshay and the tower’s construction
- Archival articles chronicling the 1929 opening and Great Depression impact
- The building’s original architectural patent on display
- Exhibits exploring the restoration and modern-day revival as the W Minneapolis hotel
- Interactive exhibits on Minneapolis architectural history
Museum access is included with your observation deck admission. Estimated museum time: 15-20 minutes before heading upstairs to the deck.
Why the Foshay Tower Remains Relevant
The Foshay Tower isn’t just a piece of history—it’s a living testament to resilience and innovation. Its transformation into a modern landmark ensures that Wilbur Foshay’s legacy, both triumphant and tragic, lives on.
What They Don’t Tell You About the Foshay Tower
The Foshay Tower isn’t just about its architecture or the man behind it. It’s a symbol of an era, a tale of ambition that reflects both the highs and lows of the American Dream. Its enduring popularity is rooted in its ability to captivate and inspire.
Accessibility & Visitor Tips
Stair Access: The observation deck can only be reached by climbing two flights of stairs. There is no elevator access to the deck itself.
Alternative Option: An interactive webcam is available for those unable to access the physical observation deck, providing 360° live views of Minneapolis from your device.
Planning Tips:
- Best views: Early morning or sunset for photography
- Peak season: May-September; arrives early to avoid crowds
- Parking: Use W Minneapolis hotel parking (fee applies) or nearby downtown parking
- Allow 45 minutes for museum + observation deck experience
- No photography restrictions; social media-friendly attraction
Foshay Tower Shaped Minneapolis’ History
The Foshay Tower tells a compelling story of innovation, ambition, and redemption. Whether you’re a history buff or just looking for stunning views, it offers something for everyone. As you gaze at this skyscraper today, remember the extraordinary man who dared to dream—and the legacy that continues to touch Minneapolis’ skyline.
