The DMC is expected to be state’s largest-ever development project.
Business + Economy
The organization is asking the Legislature to consider a “value capture user fee,” essentially a property tax increase on properties whose value would be enhanced by transportation improvements.
Three other proposals for the Nicollet Hotel block are still under consideration.
Noting the discrepancy, an official said December’s job declines may get revised away.
The Nicollet Island-East Bank Neighborhood Association not only embraces density, it demands it.
Minnesota’s business leaders plan to hire and spend more this quarter than they have in years, but more plan to expand elsewhere as talent runs short and taxes remain a concern.
Gov. Mark Dayton has appointed Adam Duininck as the new chair of the Metropolitan Council.
New congressman tackles economy, health care.
The industrial market is the busiest commercial category, and office vacancy rates are dropping.
Despite many critics, tax-increment financing districts are on the rise in Minnesota.
In a word: maybe, thanks to a section in the recently-passed federal spending bill that has raised questions about the feds' share of the bill for the light rail project.
Tale Of Two Budget Hearings: Minneapolis’ Council Meeting Marked By Controversy, St. Paul’s By Speed
On Wednesday, both St. Paul and Minneapolis approved operating budgets and property tax levy increases for 2015 — though not without drama in the case of Minneapolis.
Minnesota jobless rate well below national average; new business filings nearing a record.
Concerns over environmental impact, lax regulations on display in New York Times feature.
Wurth Adams Nut & Bolt and Perbix Machines are relocating their headquarters to Brooklyn Park with expansion projects that total $28.6 million.
Cost of living may end up as the region’s ace in the hole, not sports, culture or nature.
The owner of Snap Fitness hopes to eventually sell 1,000 franchise licenses for YogaFit, and it currently has six new Twin Cities locations in the works.
Amid a significant upheaval of the local grocery scene, Hy-Vee is expanding further into the Twin Cities with a new store in Oakdale.