The former Google exec explores the challenging realities of growing the state's startup and innovation economy.
The upscale retail center sold for $127 million in 2012.
Construction, manufacturing, and education/health services all lost jobs in 2019
A look at GDP growth across the region and nation.
Twin Cities area tenants are willing to pay for better office "experience."
Read all about it: The Star Tribune sells more single-copy
Sunday papers than The Washington Post.
National retailers headed for the exits in Lake & Hennepin area market
Suburban newspaper group dies quietly after 82 years.
Two of three quarters this year have shown losses.
Welcome to the boomtown for shared office space.
From August 2018 to August 2019, the state of Minnesota added 11,812 jobs. But the job growth is largely dominated by two main categories: leisure and hospitality, and construction. Year over year, many other categories are losing ground.
Mortenson led firm for decades and built one of largest construction companies in the United States.
Flood of units with seven-figure price tags are inundating downtown Minneapolis.
Ryan Cos., Excelsior Group have begun building 10 West End – an office building with no committed tenants.
Bankers are moving forward on deals with business customers,
while analysts look for signs of recession in economic data.
Boutique firm to focus on local businesses and clients
Spun off from the accelerator NuXcel, ShiraTronics is a med-tech startup working on migraine headache treatment.
A look at how the long-troubled, Minnetonka-based Famous Dave's of America Inc. is faring.
We found the emptiest big-box stores.
National expansion? Over. Experimenting with concepts? Done. But look out, Fargo!
'Oversight' of the company will now come from Brussels.
A quick look at the plans for the former West Publishing site in downtown St. Paul.
CBRE Group sees room to grow for flexible office space market.
Nashville location to open in 2020.
Metro grocery wars keep intensifying
Insiders knew him as the man working behind the scenes on the city’s biggest deals
Prices start at $900,000 for units in Eleven tower
How one local family grocer does battle with the big national chains.
Feds have approved the T-Mobile/Sprint deal, but it’s still clouded by antitrust litigation.
Defendant used “sham businesses” and created a “fake religious organization” to hide income and assets
State ranks 37th in newly released first quarter 2019 data
A look at the particulars of a new office building for the city of Minneapolis.
Sable project allows condo owners to use units for short-term rentals.
New loans for three of its market-rate apartment projects
The money helps clear way for new housing, commercial projects.
A deep dive into MPR's multi-faceted efforts to stay relevant in a new media landscape.
The 41-story tower will be tallest residential building in Minneapolis.
Shared office space keeps growing; WeWork opens Monday in North Loop.
Katie Couric is among the announced speakers.
Former JB Hudson space has historic appeal.
Employment gains have flatlined, and the state added just 100 jobs in May.
Pohlad Companies will relocate to tower, take three floors of space.
RiverFirst Campaign nears the $17.9 million finish line
Deals add 170,000 square feet to firm’s portfolio.
Fast growth drives expansion and addition of new executives.
Pharmacist allegedly created fake patient accounts to get drugs
What's behind the preponderance of broken escalators in downtown Minneapolis?
Mortenson unveils partnership with Built Robotics startup.
City’s second closure of key Hennepin Avenue retail block causes new frustrations
Pharmaceutical company plans expansion to Maple Grove campus as Minnesota's pharma biotech sector continues to grow
For those who knew and worked with Irwin Jacobs, a high-profile heyday and a tragic end are not how his impact should be measured.
Company also cuts $15 million in “overhead costs,” installs new CFO, and plans Spanish language shopping channel.
Minneapolis retailer sees strong gains in comp store sales, digital sales, and profits.
Two companies dropped from list, two more won’t be listed next year.
Minneapolis-St. Paul is 10th market for new service from the company best known for its online real estate listings.
Veteran developer Kelly Doran retains ownership share amid transition.
Local venture capital is in decline but startups can still find local capital, if they know where to look.
Minnesota bankers forecast steady credit demand despite worries of a slowing economy.
The 100-plus page report included 18 possible locations and endorsements from local CEOs, but maximum value of possible state, local incentives never calculated.
“Jim’s contributions to the State of Minnesota and its veterans have made lasting impacts, and will continue to do so for years to come,” says DEED Commissioner Steve Grove, praising Finley.
The number of Minnesota workers affected by mass layoffs increased 47% in 2018.
New federal tax incentive draws developers and investors.
The Maplewood manufacturing company announces a restructuring after a disappointing first quarter.
The facility will be operated by 100 employees and utilize 70 vehicles. The move was driven by e-commerce, and a strong Twin Cities economy.
Jacobs was known for decades of deals as a corporate raider. Details on the cause of the deaths have not yet been disclosed by police.
“He didn’t play golf, he didn’t play tennis…he played business.” The investor known to friends and colleagues as "Perk" often backed early-stage local companies.
Company won 2018 Tekne Award in medical device category.
Plenty of seating options are available on resale markets for last-minute buyers.
No announced leases have been made beyond the food hall.
More than a decade ago, the donut chain announced a plan to open 100 shops across Minnesota.
Public Record Media files appeal to district court decision which kept details under wraps.
Minnesota United stadium is ready for its inaugural home game in April.
Towns across the state bid for the right to be the official host of the fishing opener. Oftentimes, the exclusivity can cost hundreds of thousands of dollars.
The majority of the companies chosen are led by a person of color and/or by women.
The program is aimed at students with fledgling startup concepts.
Scott Litman and Dan Mallin are the sages of the local tech startup world.
The Fenley is the latest project at the Bloomington Central Station site.
The state lost 800 jobs over the last five months of 2018, yet the unemployment rate remained low.
Millions of dollars in loans to Minnesota small businesses were on hold.
Shared workspace options are growing at a rapid clip, although The Riveter focuses on women workers and entrepreneurs.
Deal means another notable headquarters loss for Twin Cities.
The plan focuses on drawing retailers to a five-block stretch of Nicollet Mall.
JC's lease marks its third metro location for local franchisees.
The state's unemployment rate remained as is for the fourth straight month.
Digital First Media has floated an offer for Gannett, owner of USA Today and St. Cloud Times.
Millions of dollars in Minnesota small business loans can’t be completed without federal approval.
Market demographics are strong in the area, so why are stores struggling?
Greater MSP and the state's Department of Employment and Economic Development fought against the bid's disclosure.
We explore the benefits and challenges of the mixed-use development approach.
The Star Tribune removes old-school newspaper boxes in low-traffic areas.
The concept opened in Maplewood Mall in November and a south Minneapolis store is set to open next week.
The food delivery company has become a national player, but does it have the right strategy to dominate?
The Minneapolis-based company’s equity financing haul now totals $440 million since its 2016 launch.
Uptown business owners blame torn up sidewalks and reduced parking for lost revenues.
How the CEO of Best Buy saved the company from going under.
The state and Greater MSP are fighting the effort to disclose its HQ2 bid.
United Properties inked a term sheet with Four Seasons for the Gateway tower in Minneapolis.
Lenders are seeing strong commercial loan demand, but they eye warning signals in the economy.
Lured by strong fundamentals, Brookfield Property Partners now owns malls in Rochester, St. Cloud, and Mankato.
State-backed wood plant’s development
is nowhere in sight.
Mall of America owner Triple Five and the city of Bloomington are weighing a deal for the massive complex.
Restaurateur Kim Bartmann believes another investor could help to drive growth in her restaurant portfolio.
The local developer is seeing strong growth beyond Minnesota.
Carrot Health, a data-driven health care business intelligence company aimed at payers and providers, earned runner-up honors.
Minneapolis-St. Paul places 9th on list of emerging markets for VC investors.
A draft of the Minneapolis 2040 comprehensive plan proposes building fourplexes across the city, sparking a heated debate among residents and policymakers.
Concern for customer and worker safety is rising in the Minneapolis neighborhood.
The new list from the business magazine tallies “iconic American companies” with at least $250 million in annual sales.
The planned Edina location will be company’s largest co-working space to date.
The Minneapolis City Planning Commission is considering about 1,500 new units at a Thursday meeting.
The brand-new health care investment firm closed its first fund with $115 million and used it to invest in three companies, including local insurance startup Bright Health.
Trade group has 250 member businesses, including Target and Best Buy.
The big-box retailer’s digital sales were up 41 percent in its second quarter.
The co-working leader is expanding before its new home in Minneapolis even opens.
The Alatus project calls for 40 stories and 214 units.
Lynn Casey stepping down as CEO, remains chair of PR firm.
Company also inks deal to co-develop laser device to treat arterial disease.
Minneapolis retailer offered deals to compete directly with Amazon’s Prime Day
The emerging rating system measures a building’s health and wellness for employees and resident.
The company is working towards clinical trials for its implantable kidney and liver products.
The Minneapolis startup has raised $240 million and keeps growing.
The state has slid consistently over the years from its first place ranking in 2015.
Rep. Erik Paulsen will also attend the event with Best Buy employees.
VStar’s operations will remain here as an “autonomous division” of the circus arts giant.
Small business borrowers are upbeat but weigh labor shortages, rising interest rates, and new technology.
Despite several closings, the store's Nicollet location remains open.
Target and Best Buy say decision clears the way for a “level playing field.”
Amazon leases about half of the “mass timber” office building.
One Kmart, Two Sears locations to be shuttered in latest round of store closings.
The bright spots in its first quarter report were in sales online and at its outlet stores.
The deal to buy Boat Holdings LLC for $805 million ranks as the largest in the Medina-based company’s history.
The state has added only 1,900 jobs in first four months of 2018.
DEED finds “job polarization,” despite a low unemployment rate.
With sales down, the restaurateur leans on her intuition for creating popular restaurants and an investor's expertise.
Starting out, eight companies will share the Capella Tower co-working space.
The retail concept will open this summer in the vintage, renovated Lowry Morrison Building.
The relocation will cost Minnesota another Fortune 500 company.
Commercial development is returning to north Minneapolis as Thor Companies’ building is fully leased and Wellington Management starts its north side office project.
Labor shortage knocked the state out of consideration.
…But can it find enough tech workers?
EVINE’s stock jumped, but both companies declined to comment.
A highly touted theme park proposal appears stymied.
Edina developers want vertical density but residents don't. Inside a controversy with metro-wide implications.
The former leader of Blue Cross and Blue Shield of Minnesota discusses diversification and the future.
Plan calls for $330 million, mixed-use project to open in 2021.
Despite plenty of available spaces, it's still tough to find deals in the best buildings.
Both cities failed to make MoveHub's Top 20 list.
The strong pace of construction in Minneapolis will likely continue, Frank told TCB.
The public radio network is investing in new programming, technology and talent.
Business is booming for the Baudette-based drug maker.
The telecommunications company's purchase of Scott-Rice Telephone will expand its regional presence.
How little-known Uponor became an industry leader—and continues to gain market share.
Fast Company highlighted the Minneapolis medical startup on its Top 50 list.
The media organization has already invested in three startups and will open an incubator this summer.
The nonprofit insurer's board has tapped current board member Kathleen Blatz as its interim leader.
The move comes amid a strategy shift toward online orders.
Several startups are suiting up in hopes of getting scouted and drafted by investors.
Currency remains king at a small subset of local businesses.
The owners are seeking a new "unique" tenant for the high-profile retail space.
The local co-working operators and their partners believe the new venture could lead to the creation of up to 250 Fueled Collective locations across the country.
Rhonda Robb brings more than 25 years of experience to the New Brighton-based cardiovascular device maker.
The water and energy company plans to give $25 million to its nonprofit Ecolab Foundation.
Publicly-traded Harvard Bioscience Inc. is the buyer.
Shared spaces are attracting freelancers
in the Twin Cities, but they also are housing companies.
Tenants sleep it off at Fifth Street Towers.
Snacking is taking the place of dining, and several Minnesota companies are benefiting as a result.
How do they come up with building names, anyway?
Ecolab's chariman and CEO is the Joe DiMaggio of CEOs.
Some homeowners are listing theirs despite restrictions forbidding it.
The St. Louis Park popsicle maker is drawing national attention.
The government’s proposed tax bill would kill the federal historic tax credit, a key financing tool for developers.
Results in Europe, Japan offset “slowness” in U.S.
Capella will lose some corporate jobs in Minneapolis, but the count is not known.
There were double-digit increases for loans to businesses owned by women and veterans.
How veterans are doing at finding a job when returning home to Minnesota.
Jim Finley, Minnesota's top official for finding jobs for veterans, discusses the state's progress on hiring more veterans and what improvements still need to be made.
Prolific apartment developers part ways after 12 years.
McMahon met with local small business owners, including Hen House Eatery, Wood from the Hood, and Element Gym.
Retailer has not closed a single store location in fiscal 2017.
The Minnesota Chamber was encouraged by the order, while Gravie’s chief executive saw its impact as a “mixed bag.”
Minneapolis Heart Institute Foundation already a national leader.
The nationwide opioid addiction epidemic is seeping into the workplace but hard to detect and deal with. Meanwhile, its potential impact
on the labor force is staggering.
Under the Minneapolis wage law, franchise owners must boost wages faster than other small businesses.
With over three months left in the year, the city of Minneapolis has already passed the billion-dollar mark in building permits issued.
CHI St. Gabriel’s Health to outline program for Congress.
How health care collaboration can improve quality and cut costs.
Redevelopment is nowhere near getting started.
Company looks to increase revenue with CytoBioScience deal.
Tearing them down might benefit downtown’s street and retail life, but cost and ownership issues make it hard to fathom.
Mayor won’t nominate permanent replacement before election.
Minnesota bankers see solid small-business loan demand.
Who is the business candidate in the mayor’s race?
What's in store after the online behemoth's rapid expansion in Minnesota?
At the midpoint of 2017, these Minnesota businesses are at key stages, including new product launches and rapid growth.
Suburban builder became “condo king” of downtown Minneapolis.
The Minneapolis Fed President on banking, bailouts, blind spots, Jamie Dimon and Donald Trump.
Dayton’s/Macy’s is gone, but the parking endures.
New clinics underway in Vadnais Heights, Woodbury, Eagan and Blaine.
The company lost $7.4 million on nominal revenue.
Series B round will boost its sales and marketing.
Concerns grow as the state loses more Fortune 500 headquarters.
Veteran brokers Damiani, McCarthy lead local launch for firm, among the largest in the U.S.
While others struggle, company plans 60 new stores in 2017.
High-tech mouth guard detects possible concussions.
Commercial real estate trends encourage the combination of residential, retail and other project elements.
The St. Paul restaurant will need to rake in millions to offset start-up costs.
More than 300 housing units could fit on property.
Blue Cross surveys understanding of health plans.
Company looking to Asian, European markets.
Emerging “medical row,” population growth draws developer to city.
The college fared well in the primary care category.
A contract dispute put the insurer and the state at odds.
Combination creates largest health care provider in Twin Cities.
The Maple Grove medtech company plans to double its sales force.
The proposed deal had been announced in April 2016.
Wellington Management, Thor Cos. and others break new ground in North Minneapolis.
With zero housing experience, he remade himself into one of Minnesota’s busiest apartment developers.
He might not be a household name, but he's well-known among local restaurateurs.
The Trump administration and rising interest rates create uncharted territory for bankers and their business customers.
Digital health companies see strong gains.
Medtech firm went public in 2015.
Developers to add second health care project to CityPlace.
Company formed after acquisition of Minneapolis-based Amcom Software.
New $36 million project includes office, retail space.
The Timberwolves and Lynx are seeking additional upgrades.
Patent-pending status for its RightMed test.
Business is bad as street renovation drags into year three.
Zillow forecast projects strong home value growth in Northside neighborhoods.
Growing company looks to consolidate four local offices.
Star Tribune now competing for public notice advertising with the little guys.
Company’s revenue doubled over last two years.
CEO Daniels will not seek contract renewal.
Move expands company’s presence in diagnostics market.
Twin Cities ranks eighth for data processing workforce.
Cost of care up 5.6 percent, continues to climb.
National REIT joins project team for Minneapolis project.
The new senior housing project is linked to Fairview Southdale.
Services now offered at Baxter clinic.
The downtown Minneapolis location is not among its top-performing local stores.
Minnesota’s market for C-suite fitness and health programs is expanding.
U.S. Bancorp's CEO has vaulted his company to the front of its industry while remaining a vital member of the greater Twin Cities community, and that's why he is our Person of the Year.
Medtech company tapped new CEO in July.
Stock trading under $1 per share since July.
Generic drug sales double for Baudette-based company.
Company switching gears to focus on new acquisition.
Our annual employment report finds tangible good news for vets in the career market.
Wells Fargo’s move leaves empty office space all over downtown Minneapolis.
Medical device companies continued to dominate the field, according to the Medical Alley Association's latest report.
Eagan firm seeks Nasdaq hearing.
The startup is backed by Invenshure and Mayo Clinic.
The man who brought you Second Wind Exercise keeps peddling, even as he departs the successful business.
900 Hennepin changes directions with the help of Minneapolis taxpayers.
In times of uncertainty, wealth managers preach long-term discipline in the stock market.
Company’s catheter stabilizing product has drawn previous investment.
Deal will push health care services company’s revenue over $100 million.
Company touts $10 million “strategic investment” from designer, others.
Smart Choice MRI also drawn to Twin Cities.
Company employees sold insurance without a license.
Is this harmony in health care?
The empire-building of Forum Communications continues unabated.
The new federal trade secrets law has major ramifications for intellectual property and employment disputes.
Medical properties are seen as solid investments.
Danish company sees local office as part of global growth.
Nonprofits continue “due diligence” for potential deal.
New financing follows healthy climate for Minnesota medical companies.
Nonprofit looking to add services, serve more states.
Behind the state's deal to bring new jobs to Hoyt Lakes.
Central Park Commons offers groceries, apparel, tacos and health care.
Pioneer online university diversifies, bolsters non-degree programs.
City code governing vote was not valid under state law.
Despite private exchange losses, Minnesota insurer posts strong growth.
Study ranks Minneapolis high for education levels and millennial growth.
Digital health companies outpace medical devices in second quarter.
Dates set for two new bargaining sessions.
Software company grows to 180 employees.
The company was founded in 2009.
Ryan Companies’ project located within retail center.
Capella leverages its strengths and updates its strategy to compete in the “new normal.”
Where can companies find money to grow?
Public radio’s downloadable future.
Medical device firm would be first Minnesota IPO in nearly 18 months.
Developer Ryan Companies seeing health care demand.
Possible strike looms amid health plan dispute.
Minneapolis innovation center eyes healthy growth for emerging health care companies.
U of M doctors see “new business model” for niche market medications.
Law schools are on trial in the marketplace as law firms court fewer graduates.
A look at growth strategies for a dozen Minnesota companies.
The Star Tribune grows circulation of ad-based weekly.
More than 40 percent of state’s new jobs in last year are in health care.
It's not clear if the HR firm was licensed to sell health insurance in state.
Franchise concept provides drug and alcohol, DNA testing.
Proposal would mean tax break for military retirement pay.
The company looks to draw others to its $30 million project.
Financing climate improving for Minnesota medical companies.
The market is increasingly crowded by both local and national brands.
The towering ambition of Jim Stanton and Bob Lux.
Early-stage companies seeking loans should remember that bankers expect more than great entrepreneurial ideas.
New grant provides $1.5 million over five years.
The price of insulin and other items increased sharply.
Nation’s largest insurer to remain in “only a handful of states."
Ten K Solar, Zipnosis rank as top deals.
The company is pulling back on individual health plan marketplaces.
Proposed deal follows combining with PreferredOne.
A look at five of Minnesota's most promising new(er) businesses.
After finally shedding lingering effects of the recession, the industry is taking off in the Twin Cities.
Can two downtown Minneapolis park projects both green up in competition for philanthropic dollars?
The company announces its third acquisition of 2016.
Latest deal marks 4th acquisition in 18 months.
Is the new facility a glimpse of the future of health care?
Company creates “chief medical officer” role.
Few businesses are located in the city's poorest quadrant. Can anyone change that?
Local strategies “moving in the right direction,” per Brookings VP.
Five companies to follow.
The troubled company remains in transition.
Can a shadowy group throw a wrench into Rochester’s $6 billion plan?
Company stock now trading below $1 per share.
And how did he buy one of the best redevelopment spots in town?
A gruff business that's chewing its own path to success.
Local lenders offer an optimistic outlook for 2016.
Graves looks set to be the one who builds Uptown’s first hotel.
A boomlet marks the biggest building wave since the late 1990s.
The development company is doubling down on the edge of Minneapolis' downtown.
Chairman and CEO, Medtronic plc
Third quarter numbers “disappointing” under new management.
Smoke, but no fire
Veteran employment has long lagged civilian numbers, but that's starting to change.
Iron Range tourist attractions band together to try to get northern visitors to think of more than the North Shore.
The Prime Now program is available seven days a week.
What the smartphone generation wants to do with their money.
Millions in losses made up by asset sales.
The Star Tribune, which now owns the alt-weekly paper, says it has unused space for staff it already owns.
CBRE study rates the area among nation’s top growing markets.
Year-to-date layoffs now total more than 3,000 positions.
The retailer is fighting off competition from the likes of Amazon and Walgreens.
Globalization and consolidation are shaking up the real estate brokerage market.
The FM dial is becoming a little more crowded.
But stock rebounds slightly on increased revenue.
Mark Pulido takes over for retiring Mark Briggs.
Some developers are pushing for micro-unit apartments that push against minimum square-footage requirements.
Stratasys keeps growing amid industry “pause.”
Four companies raise more than $101 million in Q2.
American Public Media Group to take loss on sale.
Activist investors shook up company’s board in May.
Snowbate likely means $1.5 million rebate for “Wilson” producers.
Minnesota's rural economy continues to struggle.
Developers wary; new units scarce.
Amazon plans to land here in 2016; Same-day shipping and groceries may be next.
Settlements stem from violations on municipal bond sales.
Minneapolis-based health IT firm growing at fast clip.
Holiday Inn Express project part of busy pipeline.
EVINE Live combines celebrities with iconic brands to hawk products.
New survey gauges small business outlook.
Attorneys seeking class action against Target are “pleased.”
Clinton Group nominees elected; CEO Lucas loses board seat.
Will legislature act in final days on proposed soccer stadium?
Company operations will remain in Eden Prairie
Company reorganizing MakerBot unit amid challenges to 3D printing industry.
But judge says MasterCard settlement ‘may not ‘pass the smell test’”
Activist investors lament “dismal financial and stock price performance."
WalletHub survey ranks metro low for startup climate.
Fight will only air in 9 corporate locations, dozens of franchise restaurants.
Growth slows, losses forecast in “preliminary” first quarter results.
A plan to allow heavier trucks is in House transportation bill, not in Senate version.
A proxy battle is about to reach the endgame.
The guy on the billboards is one of the most visible attorneys in the Twin Cities.
Banks want to lend money to customers with strong financials, but many businesses are taking a cautious approach to acquiring debt.
Upscale grocers will now be under single combined name.
The Edina-based retailed has carefully grown from one store to 52 nationwide. Executive chairman Mike Tamte explains the company's "secret sauce."
Company has posted 22 consecutive quarters of record earnings.
Emergency hearing to address retailer’s proposed $19 million settlement.
Acquisition from 2013 proves bumpy for 3D printer.
Numbers are down 46 percent from last year.
Loan volume up 5.1 percent.
Electric vehicle invented by former “Let’s Bowl” co-host.
Report puts “break-even horizon” at 2.2 years.
Plan would expand production, retail space.
Fast-growing app offers “social shopping” for parents
Program offers 24-7 support for “almost any device”
But only 36 percent blame stores for the incidents.
Company winds down exit from Canada.
DQ to add 26 stores in Eastern European nation.
Canadian overhaul, store-within-store additions drive increase.
Italian restaurant slated for former Figlio space, which has been empty since 2013.
IAM seeking to represent flight attendants.
Clinton Group nominates three for board in SEC filing.
Same-store sales decline 2.9 percent for Plymouth retailer.
With the additions of light rail and a baseball park, is the capital city likely to see substantial private sector investments?
How ANI Pharmaceuticals is growing rapidly at the top of Minnesota.
Can the long-troubled property attract the classy businesses they want?
Leonard brings medical device expertise.
Revised budget puts price at $128.9 million.
Eden Prairie company has 700 employees.
Guarantee applies to store brands, gift registry.
Sales up 5.3 percent in 2014 for former ValueVision Media.
Annual filing also tallies data breach costs at $252 million.
Minneapolis, Eden Prairie post strongest growth.
Median Sales Price Climbs to $202,000.
Five-Year Deal Extends Role as “National Paint Partner”
SEC Filing Puts Severance Costs at $100 Million
It’s Never Too Early for Succession Planning
How the Schwieters brothers’ construction businesses used the recession as a springboard for expansion and diversification.
Earl Bakken goes solar in a big way in Hawaii.
Why does everyone want a seat at the low-margin grocery table?
Three other proposals for the Nicollet Hotel block are still under consideration.
Bankers see uptick in small business lending, economy shows encouraging signals for 2015.
Mithun, Spong, Maslon simplify monikers.
The industrial market is the busiest commercial category, and office vacancy rates are dropping.
Plans call for a 23,000-square-foot structure at 525 Third St. N. in Minneapolis.
Developers feeling bullish on downtown Minneapolis.
Marquette Advisors finds continued demand for new rental units.
The coffee chain is now expanding where it began.
Is the Replacements’ 2015 reunion tour making up for a career of meager paydays?
Minneapolis-based health IT firm continues growth.
LifeScience Alley sees a strong year for Minnesota startups
Their heyday long past, the chilito, pannekoeken and
an obscure brand of pizza soldier on.
Within hours of the deal being announced, several law firms specializing in shareholder actions announced plans to “investigate” the proposed merger.
They take time, but authors Kevin Cashman and Gail MarksJarvis show they can pay off.
One site fueling speculation is 1301 W. Lake St., a vacant parcel next to Calhoun Square.
The university said its Venture Center helped introduce 15 new companies in its latest fiscal year.
A Minnetonka project with 174 units is ready to start construction in the shadow of Carlson Center.
Ellie Mae will pay $30 million for AllRegs.
Critics have filed an appeal over a revised, 20-unit plan for condos in the South Minneapolis neighborhood.
A new 40-story tower proposal may buck the recent rental trend.
A reconstruction of the often-congested corridor could begin in 2015.
Going without harsh chemical solvents and buying its own cleaning facility have been key to its success.
Investments in Holaira and Inspire Medical helped drive the strong quarter.
A new report outlines a framework for an "urban village" at Snelling and University Avenues; meanwhile, the city of St. Paul is seeking proposals for the “Seven Corners Gateway.”
CFO Rod Hebrink was tapped as interim leader for the Mankato financial cooperative.
The Minneapolis newspaper is one of the largest city dailies to offer free digital access to the Washington Post.
Minneapolis rejected one plan that would've housed Dogwood Coffee and Rustica Bakery and another to draw film-industry tenants; the parcel was taken “off the market.”
One goal is attracting people to Rochester who don’t have a reason to be at Mayo Clinic.
The Loose-Wiles Building quickly went from vacant to 94 percent full in Minneapolis’ fast-growing North Loop neighborhood.
The company declined to comment on a report that said a deal is likely in the works.
Keep your friends close. Keep your banker closer.
Could Minneapolis City Hall drive a new downtown office project?
Navigate Forward helps executives do just that.
Can the Ackerberg Group draw local retailers and urban energy?
CSM Corporation is planning new buildings in Rogers and Brooklyn Park.
A new Met Council report tallies $2.5 billion in investments near the light-rail line, but the number is far from an exact science.
The downtown Minneapolis vacancy rate ticked up while more large projects are in the pipeline.
The City of Minneapolis might work with a nonprofit to determine the financial feasibility of “deconstruction,” which is described as a more environmentally friendly alternative to traditional demolition.
Minneapolis is competing with Indianapolis and New Orleans for the NFL's 2018 title game.
As Gregg Steinhafel leaves Target, the retailer's troubles extend beyond a massive data breach and challenges in Canada.
The program's organizers said many similar organizations have surfaced since its inception, and one of them, Gopher Angels, will take over some of the work previously performed by the Minnesota Angel Network.
Industry group LifeScience Alley tallies $60 million raised in the first quarter, a 25 percent increase.
In 1953, Gerry Rauenhorst founded Rauenhorst Construction Company, which evolved into what is today the Minnetonka-based Opus Group.
The Minneapolis-St. Paul region is among a half-dozen U.S. metros tapped for the Global Cities Initiative.
Do the Dayton brothers have a leg up in landing top-shelf campaign events?
Cecile Bedor is leaving her longtime role with the city of St. Paul for a position at Greater MSP.
Minneapolis-based Bio-Techne to buy Chinese firm PrimeGene.
Once-empty big box properties are now being leased all over the Twin Cities.
The Minneapolis-based health care IT company continues to grow.
Wisconsin-based Quad/Graphics, Inc., is buying the large Minnesota printing company.
The newspaper publisher will move more than 600 employees into a shorter tower that is part of the Capella Tower complex; that portion will be renamed the “Star Tribune Building.”
HexFuel plans to have 150 employees at a new Hastings plant and might double that headcount within several years.
If the deal proceeds, it's expected to close “by late spring”; financial terms have not been disclosed.
RJM Construction is seeing an uptick in city projects.
A national developer is pitching top-tier apartments near Lake Calhoun.
Eden Prairie-based PetVivo is developing “biomedical” products for pets.
As restaurants replace marginal retail, no one knows where to put the cars.
A long-simmering $70 million golf plan putters along.
Following Dale Wahlstrom's retirement, Shaye Mandle, currently executive vice president and chief operating officer, will take the reins.
TRW Automotive said that a contract it recently landed is driving its expansion in Minnesota.
SolarCity, whose chairman is the CEO of Tesla Motors, is offering solar power leases in select Best Buy stores and describes the arrangement as the first of its kind with an electronics retailer.
The purchase of downtown Minneapolis' Hampton Inn & Suites will boost a Texas-based Real Estate Investment Trust’s local hotel portfolio.
The Minneapolis-based Ackerberg Group expects to close on the deal for the Uptown Minneapolis complex in early April.
The two parties finalized the second part of the deal, valued at $43.8 million; the first part of the contract was valued at $9 million.
But overall market holds steady.
City report outlines redevelopment plan for Kmart site.
It's a dogged pursuit of a dream.
Opus is planning a large office/residential tower, with “30-plus stories,” at the north end of Nicollet Mall in downtown Minneapolis.
Denny’s in jail, but some of his dealerships still await their fate.
The new post at Rochester’s Economic Development Agency will help steer Destination Medical Center planning.
Strong cash flow is a critical element for obtaining financing in 2014.
The downtown Minneapolis site known as the Nicollet Hotel property is in the thick of new development.
Jim Stanton’s plan would revive the never-built “Eclipse” project.
New owner TD Bank expects “no significant change” to the portfolio’s value in wake of Target’s data breach.
The St. Paul Port Authority will market the site of the former Macy's store in downtown St. Paul for redevelopment, and it seeks a buyer that can bring its own financing to the table.
The Land of Dreams is the first book in Vidar Sundstøl’s “Minnesota Trilogy,” and it became the University of Minnesota Press’ biggest seller of 2013.
Is the most important national media executive in the Twin Cities now sitting in a newspaper office in sleepy downtown St. Paul?
The company officially signed on to the deal, and its new downtown Minneapolis office towers are expected to house up to 5,000 employees.
Locally based digital-networking site Pollen merged with South Dakota-based OTA, and it has received a commitment of up to $3 million in funding over three years.
Which threatens southwest Minneapolis residents more: an abandoned gas station or a thriving business?
The facility's owners hope that a new Timberwolves and Lynx training facility will bring “cachet” to the long-troubled property.
FPX, which produces software for complex price quotes, has looked like it would expire more than once, but is now thriving again.
Multiple law firms are seeking class-action status for securities fraud lawsuits against Tile Shop, a Minnesota-based company whose stock dropped sharply on allegations of overstated earnings.
Stock sales by Best Buy’s founder and his family foundation top $200 million since September.
The retailer is closing locations in Florida, Georgia, Arizona, and California based on an analysis of their specific financial performances.
The South Minneapolis eatery seeks $100,000 through Kickstarter, a level of funding obtained through the site by few other restaurants.
The apartment vacancy rate at the end of the third quarter in the Twin Cities was 2.5 percent; a rate of 5 percent is considered to an equilibrium point between landlords and tenants.
CVRx raised $12 million in its latest round, bringing its total investments to $251 million since the company was founded in 2001.
The economic development group said it has helped attract dozens of projects, but what does it mean for the organization to “assist” on a deal?
Has the notoriously unstable restaurant business found a stable funding source, or just a few hundred dupes?
Sour notes at the MIA.
The luxury “Regatta” condos in Wayzata are one of just a few condo projects now underway.
The developer Hines plans 291 new units amid an increasingly competitive downtown market.
The latest sign in a rebound of office development projects is the new Minneapolis headquarters planned for a local nonprofit.
Veteran civic leader Steve Cramer, who also chairs the Minnesota Ballpark Authority, said it’s a vital time for downtown Minneapolis.
Minnesota companies are closely watching ongoing deal discussions in Washington, D.C.
Tribes such as the Red Lake Band of Chippewa Indians have missed out on federal dollars, while the Prairie Island Indian Community is concerned about the furloughing of federal nuclear inspectors.
Opus is the latest to begin work on a new project on a “spec” basis—meaning its new development has no signed leases.
A CenturyLink unit is planning a new Shakopee project; some industry experts consider the Twin Cities to be “underserved” by modern data centers.
Nicollet Mall demands the highest office rents in Minneapolis, but it’s cheap compared to some streets in bigger cities.
No money changed hands in the nonprofit mega-merger, which creates an entity with annual revenue of approximately $180 million.
Multicare Associates brings independent health services to the northern suburbs.
Greater MSP is seeking a new investor relations director, the type of title typically reserved for public firms, rather than nonprofits.
A planned $100 million renovation of the facility could begin in 2014.
The Minneapolis-St. Paul area is leading the nation in retail construction, and construction of Bielenberg Gardens is scheduled to begin in October.
The Texas-based company competes with locally based chains, including Regis Corporation of Edina and Great Clips of Bloomington.
Minnesota fares better than the national average when it comes to “negative equity.”
Properties in Otsego and Inver Grove Heights will go to the highest bidder.
A new expansion team looks to draw fans and business sponsorships; Bemidji: Are you ready for some indoor football?
Court filings list $2.1 million in liabilities, describing them as “primarily business debts”; in addition to leading the state’s Republican Party, Tony Sutton co-owned the Baja Sol restaurant chain.
A Florida developer recently broke ground on the project, which is called Skye at Arbor Lakes and represents one of the largest suburban apartment projects under development in the Twin Cities.
More than a dozen stores formerly branded as The Gas Stop will be converted into Holiday Stationstore franchise locations.
On the heels of major U.S. newspaper acquisitions, the Star Tribune declined to comment on whether it is up for sale.
The company is relocating an existing St. Paul location into a larger space in a new mixed-use development.
Renovation plans call for adding a “significant amount of new windows on the exterior,” converting the first lower level of the building to parking, and creating a new entrance on Nicollet Mall.
A new commercial real estate report cited “lethargic” demand for office space in the Twin Cities.
The operator of the Aqua Nightclub & Lounge is adding to its portfolio of Minneapolis venues, with plans for additional expansion on the horizon.
It's true the light-rail line is attracting green, but Metropolitan Council numbers are off-track.
A look inside Nice Ride Minnesota's revenue cycle.