ST. PAUL, MN-The 54,000-sf, largely vacant building would be torn down to make way for a hotel or a new headquarters for Minnesota Public Radio. The owners of the site sign a non-binding letter of intent to sell.
ST PAUL, MN-The Democratic Senate, a Republican House and an Independent governor are unable to hash out a compromise that includes commercial property tax reform, so a shutdown of state government looms at month's end.
EDEN PRAIRIE, MN-The $40-million building in Dublin, GA will serve 65 consumer electronics stores in Georgia, Florida, North Carolina, South Carolina, Alabama and Tennessee. It will bring approximately 250 jobs to the community.
PLYMOUTH, MN-The hourly day care provider for casinos and shopping centers would pay a little more than $1 million for 875,000 shares. The company is in the process of attempting to obtain financing for the redemption.
MINNEAPOLIS-The MacPhail Center for the Arts next to the Milwaukee Road Depot redevelopment project will be developed by CSM and designed by Chicago-based Nagle Hartray Danker Kagan McKay.
MINNEAPOLIS-Lighting specialists Francis Krahe II and theme-designer Patrick McBride will work on the warehouse district multi-use project with Chicago-based developer McCaffery Interests and architect Antunovich Associates.
BLOOMINGTON, MN-Eva Stevens was senior vice president for Colonnade Properties, and teaches commercial real estate continuing education courses with Prosource. She will manage the performance of the company's owned portfolio.
ROSEVILLE, MN-The multifamily and-single-family home developer says it built 1,344 units in its fiscal 2001, about 10% fewer than the previous year. However, the firm believes increased profits resulted from exiting three markets.
MINNEAPOLIS-The city will spend about $62 million in public subsidies to build a 185,000-sf discount store Downtown, which reportedly has cost Minneapolis Mayor Sharon Sayles-Belton her party's endorsement.
MINNEAPOLIS- Mayor Sharon Sayles-Belton blames the city's $62 million in public subsidies to build a 185,000-sf discount store Downtown for killing her plans to seek re-election. She fails to capture the Democractic endorsement.