The controversial plan to build a 140-unit apartment building on land once occupied by the House of Hanson, Duffy’s Pizza, the Book House and the Podium was approved Friday on a 9-to-4 vote by the Minneapolis City Council.
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Renovation plans call for adding a “significant amount of new windows on the exterior,” converting the first lower level of the building to parking, and creating a new entrance on Nicollet Mall.
Richard Spady received two years in federal prison for his role in the fraud scheme; he and a co-defendant were also ordered to pay roughly $1.13 million in restitution.
CEO Sally Smith said the company plans to have PizzaRev open a Minneapolis location by the first quarter of next year.
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CEO Sally Smith said the company plans to have PizzaRev open a Minneapolis location by the first quarter of next year.
An analyst said, however, that although the company reported a loss, the move to sell its weak businesses will ultimately allow Dolan to focus on its more successful sectors.
The Minneapolis City Council met Thursday to discuss forming a city-owned electric utility, but the Xcel Energy CEO is confident the city won’t make the transition.
The company is relocating an existing St. Paul location into a larger space in a new mixed-use development.
A new commercial real estate report cited “lethargic” demand for office space in the Twin Cities.
A union representing former employees of Qwest, which merged in 2011 with CenturyLink, will now hold a vote on whether to ratify the proposed contract deal.
Under Minnesota's new foreclosure law, a lender and/or mortgage servicer can’t move to sell a home until the borrower has had a fair chance to seek a loan modification.
The credit rating agency also reaffirmed its Aa1 rating for the state’s bonds; it now shares that rating with the City of Minneapolis.
Ecolab increased its full-year earnings outlook as it announced a 16 percent increase in quarterly profits.
Although Comcast’s new technology was launched in 2011, it has seen a slow roll out and is now offered in the Twin Cities.
One goal of the new program is to “promote leasable space in a new light to potential tenants.”
The operator of the Aqua Nightclub & Lounge is adding to its portfolio of Minneapolis venues, with plans for additional expansion on the horizon.
General Mills’ CEO Ken Powell is one of a tiny number of Fortune 500 CEOs who have spent their entire career at one company.
President and Publisher Steve Fox has retired after 25 years spent leading Greenspring Media Group, and the company has been sold to a Detroit publishing company.
Polaris is expected to pay about half of the $21 million in damages that were awarded to a woman who was injured in an accident while riding one of Polaris’ watercraft.
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