Even though Minneapolis was never considered a top contender in Amazon's city search for its HQ2, some analysts early in the year viewed the city's early elimination from the competition as a snub, and commented wryly on the city's status as "a clear loser." Former Shakapee Mayor Brad Tabke spoke out about the need for a new focus on housing and transit issues, adding that the local labor force (or lack of one) may also have been a factor in the city's early dismissal from Amazon consideration.
The face of development in Minneapolis may be unique, with a heavy focus on renovation, and on mixed-use redevelopment. Here's a quick overview:
Minneapolis: Moving Beyond Amazon Dreams
Now that Amazon's choice has been announced, it is fair to say
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Foreign lending has always had an impact on commercial real estate, whether its effects are obvious or not. If a foreign bank can give a US corporations their dream rates, they're more likely to buy more property. If foreign banks make it easy to do business with US companies regardless of where they set up their branches, US corporations may choose to start moving more of their business overseas.