ST. PAUL, MN-The organization is Minnesota's largest non-profit developer and provider of affordable housing with 3,000 units in 40 projects in the Twin Cities. The new board includes two nuns and a community activist.
MINNEAPOLIS-GLM, LLC owns the 124-suite hotel located in the heart of the Minneapolis Central Business District. The financing at 8.28% is originated by Prudential Mortgage Capital's conduit program.
ST. PAUL, MN-The 54,000-sf, largely vacant building would be torn down and construction would like begin on a parking complex pending future development that could include a Courtyard by Marriott.
FOND du LAC, WS-Minneapolis-based US Bancorp Piper Jaffray led the bond underwriting for the project that includes a five-story patient care building for 195-bed St. Agnes Hospital, operated by Agnesian HealthCare Inc.
KANSAS CITY-Ameristar will build a $20 million-plus parking ramp as part of the deal to consolidate its two casinos into a single casino. Ameristar will start building the parking facility by June of 2003.
ST. PAUL, MN-The Minnesota Legislature modifies commercial/investment property tax reform. The West Side Flats and Upper Landing, two of the largest projects in St. Paul history, can go ahead with passage of compromise bill.
BLOOMINGTON, MN-Doug Strandness of Dunbar Strandness will be chair of the association of 1,750 members who own or manage 220,000 rental-housing units. He replaces Kim Carlson, CEO and owner of Cities Management Inc.
MINNEAPOLIS-The architecture firm hires Jerry Delaney away from TSI Communications Worldwide in New York. Shea also hires Eric Fetrow as senior graphic designer for its Minneapolis
ST. PAUL, MN-The Hay Dobbs architecture, urban design, planning and interiorsfirm will work on a project aimed at revitalization of about 20 buildings along University Avenue from the Minneapolis border to the Capitol campus.