MINNEAPOLIS-The Chicago developer plans to build a 26-story condominium project on the site, which now has two vacant industrial buildings on it. The city approved its preliminary plans in January.
EDEN PRAIRIE, MN-The 70,000-sf retail center was repositioned by M&J Wilkow, which owns and manages Crossroads of Roseville Shopping Center in Roseville and is looking for other buys in the Twin Cities.
MINNEAPOLIS-The Plymouth, MN-based housing developer says Ryan Cos. breached their agreement when it gave the rights to develop housing at the Sears warehouse to Sherman Associates. Up to 300 housing units are expected in the 1.2-million-sf redevelopment project.
BURNSVILLE, MN-The Scottsdale, AZ-based developer still hopes to build a $225-million hotel-training center complex as part of the "Heart of the City" project. However, Spirit Mountain misses a second deadline to buy the land.
ROSEVILLE, MN-Welsh Cos. brokers the sale on behalf of AEW Capital Management and wins the leasing and managing contract for the 158,700-sf shopping center anchored by a Byerly's grocery store.
NEW HOPE, MN-The area chamber of commerce would like to raise money to study the possibility of merging the cities of New Hope and Crystal, neighboring suburbs in the northwest section of the Twin cities. The merger has been talked about for decades and the cities already share a fire department.
ST. PAUL-The new 407,000-sf, eight-story office building is under construction at 540 Cedar Street between 10th and 11th and Cedar and Minnesota streets at the site of the old Capitol Square Building. It will be named for former Gov. Elmer Andersen.
EDEN PRAIRIE, MN-Anoka County's Blaine site remains the only site in the running for a stadium that could cost about $500 million; Eden Prairie says it has other options for its "Golden Triangle" property and wasn't enthused with state financial help as outlined recently by Gov. Tim Pawlenty.
MINNEAPOLIS-The New Jersey firm has hired Tom Standke to establish the firm in the Twin Cities homebuilding industry; Stanke has 24 years of industry experience, including as division president with Pulte Homes.
DULUTH, MN-The city is planning to erase more than $4 million in bond debt owed by the Great Lakes Aquarium, located here. The move is necessary to sign Ripley Entertainment as the long-term manager of the attraction, which recently went bankrupt.