The developer has secured permitting for a 92-unit apartment building in St. Paul’s Capitol Heights neighborhood.
The 284-unit senior living center will gain 96 new apartments, along with a new health center building.
Later this summer, “several new tenants” are slated to be revealed, the company says.
Prices start at $900,000 for units in Eleven tower
The firm aims to move into the new skyscraper in early 2022.
Home sales, however, are still on the downswing, with single-family home sales declining 7.5 percent year over year.
Developers of the Dayton's Project sought the designation, which makes the retail/office project eligible for federal tax credits.
The company is also planning a full renovation to the space.
The company has signed a 130-month lease for the second floor of the former TCF Bank Building.
The company will rebrand the 727,170-square-foot building as Two22.
New loans for three of its market-rate apartment projects
Sable project allows condo owners to use units for short-term rentals.
Shared office space keeps growing; WeWork opens Monday in North Loop.
The 41-story tower will be tallest residential building in Minneapolis.
In a recent University of St. Thomas survey, homebuilders shared “very pessimistic” views on land costs.
Former JB Hudson space has historic appeal.
Last month, median home prices grew 5.2 percent to a record $285,000.
Pohlad Companies will relocate to tower, take three floors of space.
Deals add 170,000 square feet to firm’s portfolio.
Fast growth drives expansion and addition of new executives.
In a recent University of St. Thomas survey, a panel of commercial real estate leaders expressed concern about increasing costs of land and building materials.
The new property would feature a mix of hotel rooms and office space.
Single-family homes are on the downtrend, but multi-family units appear to be on the rise.
Once developed into an industrial hub, the site could generate 1,000 new jobs
Though slight, the change marked the first decline in seven years.
Projects calls for 201 new rooms in downtown Minneapolis.
Minneapolis-St. Paul is 10th market for new service from the company best known for its online real estate listings.
The 100-plus page report included 18 possible locations and endorsements from local CEOs, but maximum value of possible state, local incentives never calculated.
Just one year after completing a $36 million office building in North Minneapolis, the largest minority-owned construction company ran into irrevocable financial woes.
The expansion of the company’s Armament Systems unit headquarters is expected to generate 60 new jobs, and will receive $1.3 million in financial support from DEED.