ST. PAUL, MN-The 224,000-sf building is sold for $73 per sf by the St. Paul Port Authority, which acquired it after the developer ran into cash flow problems in the early '90s. The building currently is 10% vacant.
ST. PAUL, MN-The St. Paul Port Authority may subdivide the 22-acre property into as many as five parcels now that a manufacturing firm has withdrawn plans to build a facility on the old Maxson Steel site.
RICHFIELD, MN-Opus Northwest hopes to begin construction this spring on a complex near the intersection of Interstate 494 and Penn Avenue South. The city has begun condemnation proceedings against one holdout property owner.
MINNEAPOLIS-The Minneapolis Star Tribune throws its support to a new ordinance, but urges incentives from the state such as state income tax credits equal to 25% of the cost of rehabilitating certified structures.
ROSEVILLE, MN-A scaled-down proposal is expected to fly after the city nixed an earlier plan for expansion that was opposed by the neighborhood. The approval is expected to help increase occupancy from 80% to 96%.
MINNETONKA, MN-The e-Business and technology solutions consulting firm's 540 employees will work in a 128,000-sf building owned by Carlson Real Estate Co. It is part of a consolidation that started last June.
HUDSON, WI-Wisconsin Gov. Scott McCallum says he will veto the deal, however. That's one obstacle to a proposal that would allow a casino to built on 56 acres here.
MINNEAPOLIS-Support comes from Greater Minneapolis Chamber of Commerce and the Minneapolis Downtown Council in anticipation of debate in the state legislature over stadiums for the Twins, Vikings and Gophers.
BURNSVILLE, MN-Minneapolis Clinic of Neurology has signed 11,000 sf lease in a 52,000-sf office building being built here by Kellison Co. An attraction is the building's proximity to Fairview Ridges Hospital.