Echoing worldwide reports that attracting and retaining employees is a key concern for business today, Erin Wendorf, a vice president with Transwestern, noted late last year that Minneapolis is likely to benefit from a "suburban to urban" migration because of the nearby amenities that a downtown location offers. The city's strong economy, its robust absorption of existing office space, and the current projects already underway, point to continuing market strength, positioning the city nicely to respond to a need for more "personalized" office space.
A panel of experts that met to discuss the future of speculative building agreed that the future lies more in build to suit than in continued growth of the speculative market. That, in some ways,
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While every business has different needs for physical space, one of the most important considerations for every business involves whether to pay monthly rent or opt for a purchase of a commercial building. There may be no easy answers, but there are specific factors that will allow you to make the right decision, based on your company's financial situation and goals.
A Minneapolis non-profit that offers former inmates a hand up after they have served their time is moving into the world of commercial "deconstruction," after a decade of success with similar residential projects. Rather than simple demolition, the crews employed by Better Futures Minnesota carefully remove a wide range of materials that might normally wind up in a landfill. Building materials from sheetrock to studs, bricks, cabinets, major appliances, plumbing and lighting fixtures are carefully removed, cleaned, repaired and made available for reuse and recycling.