Carlson Real Estate Company is working with an investment banking firm to assist it in exploring "strategic alternatives" regarding its real estate portfolio, which includes a 36-story complex in Minneapolis containing the Radisson Plaza Hotel and Plaza Seven Office Tower.
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Crown Bank was sued by the receiver in the Petters bankruptcy case, and it also faces accusations of fraud from Nevada-based Beal Bank-but the Edina-based bank has denied any wrongdoing and says the cases don't raise questions about its overall operations.
The company plans to open an additional 100 restaurants within the country by the end of this year.
A recent settlement requires five of the nation's largest banks to pay roughly $25 billion in relief to U.S. homeowners-and Minnesota borrowers are expected to receive up to $280 million under the deal.
The development of Mozaic-a 10-story commercial building in Minneapolis-has been completed and a new parking ramp, public plaza, and bridge connecting the Midtown Greenway bike trail to Uptown are now open.
Inge Thulin, who has served as chief operating officer since May, will assume the role of president and CEO on February 24.
Allina Hospitals & Clinics will soon be known as Allina Health, a name that reflects its focus on keeping patients healthy and out of the hospital.
According to MedCity News, the promising St. Louis Park-based company was marketing its technology to drug companies and had inked licensing deals with pharma giants like Novartis.
A new analysis of the Minneapolis Vikings stadium plan found that the city is about $55 million short of its pledged contribution of $313 million-despite proposed new revenue sources, like increased parking costs and a tax on Vikings tickets.
Sandra Lee Calkins defrauded Stillwater-based Central Bank and 42 investors out of approximately $9 million by misrepresenting the financial situation of her Edina-based company, Princess Soft Toys.
The acquisition of a club in Atlanta expands Chanhassen-based Life Time Fitness' tennis operations to 158 courts, 104 of which are indoors.
The retailer and designer have collaborated to bring more than 2,000 exclusive products to Target stores since 1999; the final installment of such products will debut at stores in March and be available until the end of the year.
Indeed Brewing Company expects to open a 12,000-square-foot brewery this summer, as well as a 1,500-square-foot "taproom," from which it will sell pints of its beer.
A planned 38,000-square-foot supermarket will anchor 222 Hennepin-a $70 million mixed-use development at the corner of Hennepin and Washington avenues; roughly 150 employees will be hired in connection with the new store opening.
Golden Valley-based General Mills has partnered with video game company Atari to introduce cereal boxes that feature classic Atari games from the 1980s; the limited-edition line is available exclusively at Target stores.
Despite recent commercial real estate deals, including the $152.9 million sale of the Eagan campus of Blue Cross and Blue Shield of Minnesota, some big office properties in Minnesota remain on the market.