Ambitious and expensive new development plans are sure to change the already distinctly non-warehouse character of Minneapolis’ North Loop. It has become a desirable “condo capital” and apartment center of the near-downtown area. But new housing, and other modern development, come at a price. Availability of surface parking that once made the North Loop attractive for […]
Saint Paul is looking to sell off a piece of property formerly used as a police training facility because it believes its “higher and better” use can be achieved by the private sector rather than through continued city ownership. The Public Safety Annex is due to be vacated by the end of the year. What […]
Technology has made information gathering and management easier and faster. But it is also transforming the way we all transact business. As automation gains hold — in terms of collecting rent, tracking transactions, guaranteeing payment, and keeping records, there will be huge changes in the world of real estate, particularly for landlords and investors. What […]
What was termed by Mayor Betsy Hodges as a “huge opportunity for downtown Minneapolis,” is now clearly a priority. The new owner of the former Nicollet Mall Macy’s store last week announced the development team tapped to rework the one million square feet of the downtown landmark property into a modern mixed-use development. Sale of the […]