Company’s prospective Minneapolis move stirs equity questions

Company’s prospective Minneapolis move stirs equity questions

Ohio-based Total Quality Logistics is considering expanding into a new 8,200-square-foot office at 100 S. Fifth St. in downtown Minneapolis. The move hinges on whether the company can nail down $125,000 in aid from the Minnesota Investment Fund, a state program that requires approval from local officials. File photo: Bill Klotz Total Quality Logist...
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Penfield sale to feed $7.5M into upgrades for stadium area

Penfield sale to feed $7.5M into upgrades for stadium area

The city of St. Paul unveiled plans Thursday to sell the Penfield Apartments for $68 million. The sale will provide a funding boost for infrastructure upgrades around a new pro soccer stadium. File photo: Bill Klotz The apartment sale will provide a funding bo...
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Destination Medical Center spurs $152M in private investment

Destination Medical Center spurs $152M in private investment

A massive build-out of downtown Rochester generated $152.4 million in private investment between July 2013 and the end of 2015, putting it on track to hit a $200 million milestone this year. Submitted rendering Mayo Clinic topped list of investors
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St. Paul keeps TIF in play for stadium-area projects

St. Paul keeps TIF in play for stadium-area projects

After a short but contentious debate, the St. Paul City Council left the door cracked to city subsidies for private development near the 20,000-seat pro soccer stadium slated to rise in the Midway neighborhood. In a 4-3 vote, the council on Wednesday struck do...
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At Minneapolis City Hall, frustration over development priorities

At Minneapolis City Hall, frustration over development priorities

The 50-acre Upper Harbor Terminal site, along the Mississippi River in the northern part of Minneapolis, is one of the city’s showpiece redevelopment projects. A planned transformation includes park and mixed-use space at the former shipping terminal, but pr...
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MNvest lag puts spotlight on little-used fundraising alternatives

If the delay dampens awareness, Minnesota’s program risks flaming out like similar efforts in other states.   Enter your user name and password in the fields above to gain access to the subscriber content on this site. Your subscription includes one set...
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Investors sue former Elk Run financier

G. Steven Burrill, CEO and founder of Burrill & Co., allegedly used phony bookkeeping to funnel money from an investment fund to himself and a pair of top-ranking executives at the company.   Enter your user name and password in the fields above to ga...
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Ex-HUD chief Henry Cisneros: ‘We’re a metropolitan nation’

Affordability and density are two of the most pivotal factors in shaping successful multifamily housing plans, former Housing and Urban Development Secretary Henry Cisneros said Wednesday. Speaking to more than 100 attendees at a housing conference in downtown...
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Construction industry strapped despite adding 2,600 jobs in June

Construction outfits in Minnesota added 2,600 jobs in June, continuing a solid run during the summer months that has offset a slight lag earlier in the year. The additions extend growth in the sector going back to April, according to seasonally adjusted data r...
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Soccer stadium talks inch along in Minneapolis

A closed-door working group meeting helped to put city department heads, a handful of council members and Mayor Betsy Hodges on the same page. Subscribe Login .subscribe_option { margin: auto; text-align:center; display: none; font-weight: bold; } .subscribe_o...
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