ST. PAUL-The moves backfill more than 23,000 sf of the 42,000 sf recently vacated at Capitol Office Building by the Minnesota attorney general's office. United Properties expects deals for another 15,000 sf.
ST. PAUL-The 34,000-sf office building would be built by St. Paul Port Authority in Midwest district, with the City of St. Paul moving three departments there and signing a 25-year lease; some Downtown building officials and City Council members are concerned that move will hurt the downtown office market.
ST. PAUL-Rosedale's manager calls the prospective sale by Target Corp. "unsettling" while St. Paul officials hope penalties for closing are enough to keep the Downtown Marshall Field's open for years.
ST. PAUL-The St. Paul Charter Commission votes down a proposal that would have allowed voters to decide in November whether to forbid the city from spending tax dollars on a new Minnesota Twins ballpark.
MINNEAPOLIS-Multifamily units account for 45% of the 1,402 units planned, but year-to-date accounts for 49% of total units, according to the Builders Association of the Twin Cities. Vale of February permits is up 5% to $176.7 million.
BLAINE, MN-The two sides hope to reach a deal and convince the Minnesota Legislature to help them fill a financing gap that could be up to $200 million.
ST. PAUL-If approved, the proposal would allow voters to decide in November whether to forbid the city from spending tax dollars on a new Minnesota Twins ballpark.
ST. PAUL-Financing options proposed by Minnesota Gov. Tim Pawlenty include using future sales and income tax paid by teams for their separate $500-million stadiums, tax increment bonds and an arbitrage plan.
MINNEAPOLIS-St. Louis-based Commercial Development pays Duke Realty Corp. $57 million for a portfolio of 23 industrial and two office buildings in suburban Twin Cities locations, one of the biggest industrial sales in the Twin Cities market in recent years.
ST. PAUL-In a close and non-binding vote, Ramsey County officials favor the $126-million, 245-unit housing development replacing the old jail and part of the West Building. A strong minority likes Ryan Cos.' $62-million plan for 170 condominiums.