Real Estate

Twin Cities home values declined in April, Zillow says

Two Hilton Hotel Brands Slated for One Empty Office Building

Projects calls for 201 new rooms in downtown Minneapolis.

Burl Gilyard|Tess Allen

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.

Burl Gilyard

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.

Burl Gilyard

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.

Amanda Ostuni

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.

Amanda Ostuni

Life Time Targets Seasoned Professionals with New Co-Working Spaces

The Twin Cities’ first Life Time Work is now open in St. Louis Park, and filling up fast. More are planned locally and nationwide.

Allison Kaplan

In Minneapolis, the Majority of Households are Now Occupied by Renters

The shift comes as many are calling for more renter inclusion in neighborhood organizations as part of Minneapolis’ Neighborhoods 2020 plan.

Greta Kaul

Everything You Need to Know About Minneapolis' Upper Harbor Terminal Project—And What Happens Next

The massive plan to turn 48 acres of riverfront land into housing, businesses and an outdoor performance venue was approved Friday. Here's a look at the costs and the challenges ahead.

Jessica Lee

McGough Underway on 402-Unit Apartment Project Near Mall of America

The Fenley is the latest project at the Bloomington Central Station site.

Burl Gilyard

The Riveter, Co-Working Aimed at Women, Set to Open in Twin Cities

Shared workspace options are growing at a rapid clip, although The Riveter focuses on women workers and entrepreneurs.

Burl Gilyard

Evictions, on the Rise Nationwide, Don’t Affect All Parts of Minneapolis Equally

A recent talk by “Evicted” author Matthew Desmond shed light on the problem — and how little we know about it.

CPM Leaders Launch New, Separate Companies

Prolific apartment developers part ways after 12 years.

How Amazon’s HQ2 Could Affect the Price to Rent in Minneapolis

Early repots suggest renters could see an increase of roughly $8,700 over a 10-year span to their housing bill if Amazon brings its new headquarters to Minnesota.

Few Listings Leading to Fewer Sales in Twin Cities Real Estate Market

Pending sales were down for the third consecutive month in the 13-county metro area, according to the Minneapolis Area Association of Realtors.

2017 NAIOP Awards

The Minnesota chapter of the Commercial Real Estate Development Association recognizes this year’s top projects.

Pimp My Garage

Welcome to the country club of car storage.

Minneapolis’ Building Boom Continues with Another Billion-Dollar Year

With over three months left in the year, the city of Minneapolis has already passed the billion-dollar mark in building permits issued.

Shrinking Housing Inventory in MSP Continues to Eat Away at Sales

Nevertheless, homes in the region are still selling at a record median price.

Ford Site Stuck in Neutral

Redevelopment is nowhere near getting started.

TCB Forum Highlights: 2017 Commercial Real Estate Forum

At TCB’s real estate forum, key developers assess the factors driving high-profile projects, including Macy’s.

Meet the Man Caught in the Middle of the Twin Cities' Nastiest Development Fight

St. Paul City Council Member Chris Tolbert would much rather voters like him than dislike him, of course, but a series of issues in his ward has made that difficult, if not impossible.

Ryan, Weidner Apartments to Redevelop Sons of Norway Site

The Minneapolis-based fraternal insurance and heritage organization has been at the site since 1962.

Rochester Approves $4.9M Subsidy for First Destination Medical Center Building

With deal in hand, developer Mortenson eyes fourth-quarter groundbreaking.

Twin Cities Homes Prices Hit Monthly Record High in July

All the while, sales were down for the month, which local realtors attributed to a lack of homes on the market.

A Downtown Without Skyways

Tearing them down might benefit downtown’s street and retail life, but cost and ownership issues make it hard to fathom.

MSP Home Prices Reach New Heights

Additionally, more homes were sold in the metro area last June than any other month on record.

Bucking a National Trend, the Twin Cities is Becoming More Dense

Greta Kaul

A recent analysis showed many U.S. metro areas becoming more suburban. Minneapolis-St. Paul wasn’t one of them.

The Fight Over the Future of the Ford Site is Very St. Paul

Peter Callaghan

The current plan is the culmination of 10 years of work by the city of St. Paul, Ford, state environmental agencies and regional economic development groups. Not everybody is happy with it.