Kraus-Anderson Preps for $20M Upscale Apartments in St. Paul

The developer has secured permitting for a 92-unit apartment building in St. Paul’s Capitol Heights neighborhood.

Friendship Village Preps for $114.5M Expansion

The 284-unit senior living center will gain 96 new apartments, along with a new health center building.

Ryan Cos. Begins $3 Million Renovation of City Center

Later this summer, “several new tenants” are slated to be revealed, the company says.

Developers Deploy $1.5 Million Sales Center to Sell Condos

Prices start at $900,000 for units in Eleven tower

JLL to Move into RBC Gateway Tower

The firm aims to move into the new skyscraper in early 2022.

Sales Price for Twin Cities Homes Reached New Record in June

Home sales, however, are still on the downswing, with single-family home sales declining 7.5 percent year over year.

Dayton’s Building Added to National Register of Historic Places

Developers of the Dayton's Project sought the designation, which makes the retail/office project eligible for federal tax credits.

RSM Renews Lease in Namesake Skyscraper

The company is also planning a full renovation to the space.

California-based CommonGrounds Opens Minneapolis Co-Working Space

The company has signed a 130-month lease for the second floor of the former TCF Bank Building.

Virginia Firm Buys Campbell Mithun Tower

The company will rebrand the 727,170-square-foot building as Two22.

Doran Cos. Lands $200 Million in Long-Term Financing

New loans for three of its market-rate apartment projects

ApartCondOtel?

Sable project allows condo owners to use units for short-term rentals.

Office Depot Opens Chanhassen Co-working Space

Shared office space keeps growing; WeWork opens Monday in North Loop.

Eleven Condo Project Secures Financing

The 41-story tower will be tallest residential building in Minneapolis.

High Land Costs Leave Homebuilders High and Dry

In a recent University of St. Thomas survey, homebuilders shared “very pessimistic” views on land costs.

Dayton's Project Seeks Jewel of a Restaurant

Former JB Hudson space has historic appeal.

Median Home Prices Reached High-Water Mark in May

Last month, median home prices grew 5.2 percent to a record $285,000.

RBC Gateway Breaks Ground; Tower’s Office Space Nearly 85 Percent Leased

Pohlad Companies will relocate to tower, take three floors of space.

Ackerberg Group Acquires Three Office Properties

Deals add 170,000 square feet to firm’s portfolio.

Engineering Firm WSB Adds New Office in Texas

Fast growth drives expansion and addition of new executives.

Commercial Real Estate Cost Crunch

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.

Plans Unveiled for Four Seasons in RBC Skyscraper

The new property would feature a mix of hotel rooms and office space.

Homebuilding Report Shows Mixed Results in May

Single-family homes are on the downtrend, but multi-family units appear to be on the rise.

Saint Paul Port Authority eyes redevelopment of Hillcrest Golf Club site

Once developed into an industrial hub, the site could generate 1,000 new jobs

Twin Cities home values declined in April, Zillow says

Though slight, the change marked the first decline in seven years.

Two Hilton Hotel Brands Slated for One Empty Office Building

Projects calls for 201 new rooms in downtown Minneapolis.

Zillow Starts Buying and Selling Homes in Twin Cities

Minneapolis-St. Paul is 10th market for new service from the company best known for its online real estate listings.

Minnesota Bid for Amazon HQ2 Finally Disclosed

The 100-plus page report included 18 possible locations and endorsements from local CEOs, but maximum value of possible state, local incentives never calculated.

Thor Construction Will Shut Down Following Multiple Lawsuits

Just one year after completing a $36 million office building in North Minneapolis, the largest minority-owned construction company ran into irrevocable financial woes.

Defense Tech Co. Northrop Grumman Pursuing $1.5 Million-Plus Expansion in Plymouth

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.

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