An ambitious joint venture proposal would replace the 101-year-old hotel with a 1.3 million-square-foot tower.

If you think 100 years seems like a stretch, think again. Olsen is the owner of a business that hasn't been seen on Lake Minnetonka in more than a century – a hotel on the lakefront.

A former office building on the shore of Lake Minnetonka has been transformed into the first hotel built on the lake in a ...