Economic Development

113-Year-Old MN Security Co. Acquired By CA Firm

Hannon Security Services, Inc., was bought by California-based Universal Protection Service, one of the largest security companies in the country.

March 11, 2014

The original artist’s rendering of the Target Center renovation.

Architect Sought For $97M Target Center Renovation

The $97 million Target Center revamp is now open for bids from architectural and engineering firms looking to finalize the project’s design.

March 11, 2014

St. Paul drops plans for new Dorothy Day Center on East Side

Plans to relocate the Dorothy Day Center, which serves people who are homeless and in poverty, to the east side of St. Paul  have been scrapped, the St. Paul Pioneer Press reports. St. Paul Mayor...

March 10, 2014

Governor Mark Dayton

Dayton Proposes $616M In Tax Cuts Due To Budget Surplus

Governor Dayton’s proposal would cut certain middle class taxes, B2B taxes, local government and nonprofit taxes, eliminate the gift tax, and increase angel investor tax credits.

March 06, 2014

Financial Charts

Mpls. Investment Firm Nearly Doubles Funds On Recent Deal

Castlelake recently closed on $1.4 billion in new capital commitments, bringing its total managed assets to $3.6 billion.

March 05, 2014

A rendering of the new expansion

Mall Of America Expands With New Hotel, Retail Space

The Bloomington mall confirmed recently that, after closing on $300 million in financing, it plans to add a 700,000-square-foot expansion.

March 04, 2014

Cold cash: Businesses helped, hurt by Old Man Winter

Despite enduring the harshest winter in 35 years, the impact on Minnesota’s overall economy has not been significant and some businesses have actually benefited, according to a joint story by...

March 04, 2014

Help Wanted

Report: 34 Biz Expansions Create 1,100 MN Jobs

The fourth-quarter expansions brought the annual total to 146 in Minnesota, which are expected to create nearly 8,000 jobs in the state.

March 03, 2014

Ice-Fishing House Builder Expands Into Pine River

Claiming to have the majority market share of its industry, American Surplus and Manufacturing is opening a new facility in Pine River that it said will bring 20 jobs to the city.

March 03, 2014

Minnesota budget surplus estimate soars to $1.2 billion

State officials on Friday unveiled an eagerly awaited budget forecast: Minnesota has a projected $1.23 billion surplus for fiscal years 2014-2015. That’s up significantly from an estimate...

February 28, 2014

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