ST. PAUL-St. Paul Academy and Summit School is looking at building a new indoor hockey arena, and a large theater and gym complex. The school has been buying neighborhing properties in preparation for the expansion.
EDEN PRAIRIE, MN-Departure of several firms such as Best Buy, United Health and Medica had left 500,000 sf empty on the corner; after months of negative absorption, the southwest market turned positive in the second half of last year.
MINNEAPOLIS-Long-time residential developer gets award from Embrace Open Space, a public awareness campaign sponsored by the McKnight Foundation and a dozen partners.
MINNEAPOLIS-The consolidation site is likely to be the former Sears Roebuck complex on Lake Street, where Allina would put its 250,000 sf headquarters complex.
MINNEAPOLIS-After adding theaters and restaurants, Twin Cities regional malls had a vacancy rate of just 2.3% last year, the best in a strong performance in which retail properties show an average vacancy of 5%.