Construction projects to watch in 2025
A Federal Reserve Bank of Minneapolis Survey conducted this fall reveals that construction companies have a rosier outlook for the coming year than they did at this time in 2023 or 2022, despite...
View ArticleLuxury garage condos coming to Independence
A fancy home for luxury automobiles is coming soon to the affluent Lake Minnetonka-area community of Independence.
View ArticleApartments fetch $18.8M in ‘strong’ Alexandria market
The 131-unit Stone Manor apartment complex in Alexandria has sold for nearly $19 million, roughly 21% more than the property fetched a little more than five years ago.
View ArticleQ&A: AGC’s Worke on construction opportunities, challenges
As the CEO of the Associated General Contractors of Minnesota, Tim Worke is one of the leading voices of Minnesota’s construction industry.
View ArticleRochester, Lino Lakes win big in water infrastructure funding
An aging water treatment plant in Rochester and a new drinking water facility in Lino Lakes are among the big winners in the latest round of project funding from the Minnesota Public Facilities Authority.
View Article‘A tale of two market segments’: December housing permits strong, but...
Twin Cities homebuilders closed out 2024 on a strong note as permits for new homes were up across the board in December, but residential development was soft overall last year thanks to the slow pace...
View ArticleManufacturer inks lease deal at The Cubes
States Manufacturing Corporation has signed a long-term lease to occupy 503,440 square feet of space at the 1 million-square-foot The Cubes at French Lake, a Class A industrial facility in Dayton,...
View ArticleMinnesota joins $20 million data breach settlement
The state of Minnesota has joined a $20 million, multistate customer data breach settlement against a nonbank mortgage company, the Minnesota Department of Commerce said in a press release Wednesday.
View ArticleMixed-use project would be ‘catalyst’ for downtown Winona
Like other cities, Winona has identified a need for more housing — and a local project team hopes to do its part with a proposed $30M-plus development that will create new homes and other uses on a...
View ArticleProgram could reduce barriers for small contractors
An association representing general contractors and other construction businesses in Minnesota is spearheading a legislative effort designed to make it easier for small businesses to participate in...
View ArticleMacalester’s ‘welcome center’ project advances
Macalester College is making progress on plans for its new welcome center and residence hall, a roughly $100M project that will give Macalester its first new student housing in 25 years.
View ArticleNorth Shore pitches townhomes on Plymouth lumberyard site
Another notable housing development may be coming soon to Plymouth as a local developer floats plans for 48 townhomes on an existing lumberyard site.
View ArticleBig developments would spur growth in Buffalo
Massive new developments on two key properties — a former hub of county government and a sprawling farm site near Lake Pulaski — could bring hundreds of new homes and other uses to the growing Wright...
View ArticleCommunity banks in Northfield, Faribault to merge
Community Resource Bank of Northfield is merging with 1st United Bank of Faribault, the banks announced in a press release Wednesday.
View ArticleKraus-Anderson completes upscale Hopkins building
Minneapolis-based Kraus-Anderson has completed a new seven-story, upscale mixed-use apartment building in Hopkins.
View ArticleHomebuilding pitches advance in Lino Lakes
Homebuilding is a hot topic these days in Lino Lakes, where a pause on new residential development is in effect for an area in the northwest part of town.
View ArticleEndeavor advances plans for two new industrial buildings in Eden Prairie
Edina-based Endeavor Development wants to develop two new industrial buildings on a former insurance company campus in Eden Prairie, a project that received a thumbs-up from the city’s planning...
View ArticleOpus HQ project well received by Edina planning body
As part of its plan to build a new office building and corporate headquarters in Edina, The Opus Group promises to bring new life to a high-profile site that was previously approved for an apartment...
View ArticleQ&A: Housing advocate Nick Erickson sees bipartisan support for reforms
Nick Erickson talks about Housing First Minnesota’s legislative agenda, how he got into the homebuilder advocacy business, the state of the power struggle in the Minnesota House and Senate, and more.
View ArticleHigh school ‘activity centers’ up for approval in Apple Valley
Two new facilities for high school academics, arts and athletics are up for review this week in Apple Valley, the first of four new “activity centers” coming to the local school district with proceeds...
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