MINNEAPOLIS-Multifamily units account for 51% of the 1,732 units planned, but year-to-date accounts for 49% of total units, one of the highest ratios in recent years, according to the Builders Association of the Twin Cities.
MINNEAPOLIS-Six Twin Cities companies have received grants totalling nearly $2 million to clean up and redevelop polluted properties. The grants are supporting both industrial and mixed-use projects.
ST. PAUL-The Parkway Addition housing development in Marshall, MN, is cited as example of business, nonprofits and public working together to build affordable housing.
BLOOMINGTON, MN-Developer Jeffrey Wirth wants to build an $80 million hotel/water park complex next to the mega mall, but needs development assistance from a reluctant city of Bloomington.
MINNEAPOLIS-Nonprofit groups in Delano, Minneapolis, Owatonna and Shakopee received grants to build a total of 121 units in affordable housing for low-income elderly or disabled occupants.
MINNEAPOLIS-The firm, known better in suburbs and St. Paul, now establishes Downtown with a contract to handle leasing for Fifty South Sixth, the 690,000-sf tower owned by Hines Interests.
MINNEAPOLIS-Artspace, a nonprofit real estate developer for the arts, has projects under construction in Fergus Falls, MN, and two other cities, and projects in design in five cities.
VIRGINIA, MN-The $7.4-million customer service center is expected to open this month, starting out with 30 employees and ramping up to 185 employees in two years.