ST. PAUL, MN-The St. Paul Port Authority develops a 990-space parking ramp Downtown with ground-level retail space, including a car wash, auto services and audio/video tape rental operation.
MINNEAPOLIS-Northwest Airlines creates 21,000 jobs, pays $1.2 billion in wages and spends $2 billion on flight-related goods and services, according to a study done by a joint task force of business and community leaders.
EDINA, MN-The 8,722-sf store at specialty center Galleria is one of 20 outlets San Francisco-based home furnishing and accessories retailer Pottery Barn Kids hopes to open this year.
BURNSVILLE, MN-The mall is sold by First American Asset Management and is leased up with such tenants as Linen 'n Things and Kinko's. New ownership is a partnership led by Peter Herfurth of Medina, MN.
MINNEAPOLIS-The Minneapolis Community Development Agency says it will lose about $27 million in revenue each year as tax increment financing revenues shrink. It warns it will likely have to cut back or eliminate projects.
MINNEAPOLIS-United Properties' mid-year market report concludes that vacancy rates at regional malls are up to 3.9%. Despite the rising vacancy, rental rates have held steady, according to the report.
BLOOMINGTON, MN-The 122,177-sf property was sold by the fast-growing, Los Angeles-based commercial real estate investment firm and leased back to GN ReSound, which makes hearing devices.
ST. PAUL, MN-The housing project, part of a $210-million mixed-use development that includes a proposed US Bank office building, would create up to 1,135 multifamily residential units over seven years.
EDEN PRAIRIE, MN-Welsh Charitable Foundation is spearheaded by Jean Kane, who recently was promoted to president. Such local organizations as Parents in Community Action and Sharing and Caring Hands will get funds.
MINNEAPOLIS-Cary Miller, a project manager for McGough Construction, succeeds Bob Storm of Northland Concrete & Masonry. She has 15 years of experience in the industry. Barry Blazevic of ADB Construction Co. is president-elect.