BLOOMINGTON, MN-Architectural segment revenues are up 24% to $117.5 million, much stronger than expected. Also, there were not any significant project delays in the quarter, officials say.
RED WING, MN-The Minneapolis-based company will cut 147 full-time and 32 seasonal jobs and shift those positions to other factories in Owatonna, MN, Shelbyville, TN, and Topeka, KS.
ST. PAUL-The 120,000-sf building would be linked to Minnesota Public Radio's headquarters and not far from its Fitzgerald Theater. Ninth Street will be closed, torn up and turned into a cul de sac as part of the development.
SHOREVIEW, MN-A The state-of-the-art band shell would be a centerpiece of the Shoreview Commons, city officials say. After design work is completed, construction could begin in late summer, with possible completion by early summer 2005.
ALBERTVILLE, MN-The 300,000-sf Albertville Premium Outlets will give Simon its fourth mall in Minnesota and its first outlet mall to go along with its three regional malls, including Mall of America.
ST. PAUL-The unusual collaboration between Minnesota banking giants who have been traditional rivals should help clear and redevelop "undesirable" property in the city and transform it into prime housing projects, city officials say.
CHANHASSEN, MN-The limited-service hotel chain wanted a property management system that would improve operational efficiencies for all of its properties, and believes it got it from the Columbia, MD-based provider of information technology.
EAGAN, MN-The privately-owned educational system's new campus at Spectrum Commerce Center marks its entry into the Minnesota market. It trains students for careers in healthcare, including massage therapy.
MINNETONKA, MN-Carlson Hotels Asia Pacific, which is part of Carlson Hospitality, will manage the 216-room hotel that will be built by Fu Wah International Group in Beijing's commercial center.
ROSEVILLE, MN-Stonewater Partners of Mt. Kisco, NY got a 10-year, fixed-rate loan for $20.86 million to buy the 359,540-sf building constructed in 1986 for Unisys and leased to the company for another eight years.