MINNEAPOLIS-Multifamily units account for 43% of the 943 units planned, according to the Builders Association of the Twin Cities. January's 610 permits is down 23% from January 2004.
HASTING, MN-The 63-unit senior housing complex underscores the shortage of senior housing and affordable housing in Dakota County, one of the fastest growing in Minnesota. The project is part of the county's senior housing program and is being built by CBS Construction.
BROOKLYN CENTER, MN-The 1.1-million-sf regional mall is in court receivership when its lender foreclosed on its mortgage. The property had owed $2.4 million in back taxes that Madison is moving to pay.
BROOKLYN CENTER, MN-The 1.1-million-sf regional mall is in court receivership when its lender foreclosed on its mortgage. The property had owed $2.4 million in back taxes that Madison is moving to pay.
ST. PAUL-University Enterprise Labs' 15,000-sf anchor tenant, Prism Research, has landed the city council's approval for a biotech tax credit. The biotech incubator's 120,000 sf of office and research also landed $24.2 million in permanent financing this week.
LAKE ELMO, MN-The deal means Lake Elmo's population would more than triple over the next 25 years. Municipal officials in the Twin Cities closely watched the fight.
EDINA, MN-The Arlington, VA-based REIT buys two regional malls totaling 2.5 million sf, which it bought from a joint venture comprised of Blackstone Real Estate Advisors affiliates and Polaris Capital.
EDINA, MN-The Arlington, VA-based REIT buys two regional malls totaling 2.5 million sf, which it bought from a joint venture comprised of Blackstone Real Estate Advisors affiliates and Polaris Capital.
RICHFIELD, MN-The company plans to open 60 stores in the US and 13 in Canada over the 12 months starting Feb. 27. About half will be its 30,000-sf format, with the rest split between its 20,000-sf and 45,000-sf formats.