ST. PAUL-Among the big recipients are New Brighton's Northwest Quadrant, which could house an expansion for Medtronic, and the Minnesota Innovation Center and Midtown Exchange, both in Minneapolis.
WOODBURY, MN-Developer Robert Muir sells an 18-acre plot for $12 million to the discounter, which will build a 151,200-sf store there with room for an additional 55,720 sf.
MINNEAPOLIS-Demand for office space is returning, but the Downtown markets continue to lag the suburban office markets, according to a report from United Properties.
INTERNATIONAL FALLS, MN-The company plans to devote its resources to its newly acquired OfficeMax subsidiary. Madison Dearborn Partners, a Chicago-based investment firm, will pay $3.2 billion for the Idaho-based company's wood-industry assets.
WHITE BEAR LAKE, MN-City officials say they need a $1.9-million grant from the Metropolitan Council for a parking ramp, which developers see as necessary for plans to build 56 housing units and 47,000 sf of retail and office space.
ARDEN HILLS, MN-Presbyterian Homes cites residents' concerns over traffic congestion for delaying its plans for a two-story building with 6,000 sf of office space and nine multifamily rental units.
EDEN PRAIRIE, MN-The grocery retailer and wholesaler is committed to a rapid expansion of its Save-A-Lot extreme value combination format, says Jeff Noddle, SuperValu's chief executive officer
MINNEAPOLIS-The securities and investment firm's money will support 41 organizations devoted to developing affordable housing and revitalizing economically distressed neighborhoods.
BROOKLYN PARK-The 210,000 sf Protein Design Labs facility, the state's first major biotech plant, opens. Biotech industry officials believe it is the first of several the state could attract.
BLOOMINGTON, MN-In its third quarter earnings statement, the medical device firm writes down the value of a facility by $16.5 million. The company had expanded and improved the facility and once thought it might become the site of its headquarters.