The firm aims to move into the new skyscraper in early 2022.
Real Estate
Home sales, however, are still on the downswing, with single-family home sales declining 7.5 percent year over year.
Developers of the Dayton's Project sought the designation, which makes the retail/office project eligible for federal tax credits.
The company is also planning a full renovation to the space.
The company has signed a 130-month lease for the second floor of the former TCF Bank Building.
New loans for three of its market-rate apartment projects
The company will rebrand the 727,170-square-foot building as Two22.
Sable project allows condo owners to use units for short-term rentals.
Shared office space keeps growing; WeWork opens Monday in North Loop.
The 41-story tower will be tallest residential building in Minneapolis.
In a recent University of St. Thomas survey, homebuilders shared “very pessimistic” views on land costs.
Former JB Hudson space has historic appeal.
Last month, median home prices grew 5.2 percent to a record $285,000.
Pohlad Companies will relocate to tower, take three floors of space.
Deals add 170,000 square feet to firm’s portfolio.
Fast growth drives expansion and addition of new executives.
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.
The new property would feature a mix of hotel rooms and office space.