Although Twin Cities home sales, new listings, and pending sales were down in January, a new report attributes the slowdown to cold weather, not to long-term weakness in the market.
Real Estate
Hollywood Fashion Secrets moved from its former 4,500-square-foot offices to a 6,159-square-foot space at 219 Second Street North in Minneapolis.
Opus is planning a large office/residential tower, with “30-plus stories,” at the north end of Nicollet Mall in downtown Minneapolis.
The building housing Camdi Restaurant and Mesa Pizza was designated for a historic-significance study.
The North Dakota-based Stop-n-Go gas station and convenience store chain, which had four locations in Minnesota, was bought out by Iowa-based Casey’s General Stores, Inc.
The nonprofit has added several local stores in the past couple of years and is now considering a new location in St. Paul.
The money will be allocated across 10 different redevelopment projects, more than half of which are in Minneapolis.
The hole-in-the-wall music venue will re-emerge as a “music complex” and is gaining some serious square-footage with its move to the fourth floor of the megamall.
The Dolan Company’s shares will no longer be traded on the New York Stock Exchange; they’re moving to the “over-the-counter” marketplace.
Although Target’s Canadian expansion has hit a few road bumps and incurred financial losses, the company said it has plans to open at least nine more stores in the country this year.
OneNeck IT Solutions, a subsidiary of TDS Telecom, just began construction on a $12 million expansion of its Eden Prairie data center.
Bob Peltier, who began his real estate career in 1978 and was appointed CEO of Edina Realty Home Services in 2009, is stepping down but will remain chairman emeritus; Greg Mason is the company's new leader.
The downtown Minneapolis site known as the Nicollet Hotel property is in the thick of new development.
Jim Stanton’s plan would revive the never-built “Eclipse” project.
Kraus-Anderson and Elion Partners hope to break ground on a major mixed-use development after closing on the purchase of the former State Farm Insurance campus this summer.
The giant cable provider said its new lease at its St. Paul office is effective through 2024, and the company is investing millions into refurbishing the space this month.
The building that houses an LA Fitness in St. Louis Park has been sold to a Florida-based real estate investment trust.
Target recently announced plans to open new stores in Ohio, California, New Jersey, and Massachusetts; they will open shortly after Target closes locations in Illinois, Nevada, Georgia, Ohio, Tennessee, and Florida.