NORTH OAKS, MN-The company that founded the Twin Cities suburb four decades ago and owns all the undeveloped land here hires Leonard Street Deinard real estate attorney Carolyn McCann as its president, replacing Richard Leonard.
ROCHESTER, MN-The bank cites Rochester's growth and source of labor as reasons for the move in August to 1016 Civic Center Dr. from Spring Valley, where it recently completed a $1.4-million expansion.
WALKER, MN-The Leech Lake tribe will start building hotel and convention center this fall at one of state's five largest casinos. Work is expected to be completed by the spring of 2002.
ST. PAUL, MN-High property tax rates and neighborhood resistance are among factors blamed for the lack of multifamily housing. Legislators are looking at major property-tax reform that could address the issue.
MINNEAPOLIS-Work was stopped on the 11.6-mile Hiawatha line in February but US District Judge John Tunheim orders Xcel Energy to move its underground Fifth Street facilities to make way for the construction.
ST. PAUL, MN-A compromise between the Senate, House and Gov. Jesse Ventura would lower taxes on multifamily buildings an average of 21%, cut business taxes by 10%, farm taxes by 20% and cabin taxes by 12%.
RICHFIELD, MN-The new $160-million, four-building corporate campus wins final governmental approval and Opus Northwest will start building despite pending lawsuits. Ground will be broken this summer.
MINNEAPOLIS-Chicago-based Equity Office Properties Trust expands its ready-to-work office space concept, where tenants can lease up to 2,000 sf for form a month to a year, to LaSalle Plaza in Downtown.
ST. PAUL, MN-High property tax rates and neighborhood resistance are among factors blamed for the lack of multifamily housing. Legislators are looking at major property-tax reform that could address the issue.