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Daily news source focused on commercial real estate, construction, banking, finance, economic development in Minnesota.
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News
Leipold-led group paid $18 million for St. Paul Hotel
3+ mon, 3+ week ago (231+ words) Dan Netter//May 20, 2026// After the acquisition was initially announced last week, a certificate of real estate value disclosed that a local group of investors paid $18 million to purchase the Saint Paul Hotel. The investors, led by Minnesota Wild owner Craig…...
Minnesota contractors less optimistic for 2026
9+ mon, 4+ day ago (760+ words) C-Level and Leadership Awards Minnesota contractors less optimistic for 2026 AGC survey respondents are most optimistic about the technology/data center market segment. This rendering shows a 1.4-million-square-foot data center CloudHQ plans to build in Chaska. (Rendering: CloudHQ) A new survey…...
On the Market: Crystal and Bloomington multifamily sites offer value-add
10+ mon, 3+ week ago (505+ words) Two campus-style suburban multifamily properties with significant value-add potential get the spotlight in this week’s On the Market. First, we visit a 36-unit community near Crystal’s commercial core that has been with the same owner for going on 45 years. Then…...
Bloomington breaks ground on wellness center
10+ mon, 4+ week ago (217+ words) The city of Bloomington plans to build a new community health and wellness center at 9801 Penn Ave. S., the site of the now vacant Creekside Community Center. (Rendering: HGA) The city of Bloomington broke ground Tuesday on a $101.8 million Community Health…...
Bloomington council extends Mall of America plan
11+ mon, 1+ week ago (273+ words) Top Women in Finance Last year, the Mall of America pitched a revised 144,000-square-foot water park to the Bloomington City Council. The proposed water park would have 30 slides, a lazy river ride, a wave pool and a “family splash pad....