HCMC Finds Location for West Metro

Hennepin County Medical Center has picked a new site in Minnetonka where it plans to open a West Metro clinic, replacing a previous project that HCMC canceled earlier this year along I-394.

HCMC now plans to redevelop a 22,000-square-foot, single-story building at 11525 Excelsior Blvd. at the intersection with Shady Oak Road, according to a Minnetonka planning department staff report. Read more

New Senior Complex Coming to Maple Grove

Ryan Cos. and SilverCrest will develop a first-phase of the project with 260,000-square-foot, four-story building that has 182 units and a mixture of independent assisted living and memory care units. Ryan Cos. US Inc. and SilverCrest Properties announced Tuesday they signed a deal to buy a nine-acre site from the city of Maple Grove to develop a $34 million senior living campus. Read more

Hyde Development Plans Massive Industrial Redevelopment

Developer Paul Hyde in front of the BAE building in FridleyMinneapolis developer Paul Hyde closed Wednesday on the largest acquisition of his career — the 2 million-square-foot BAE Building in Fridley.

An entity related to Hyde Development paid $13.5 million for the property, which he hopes to convert over the next five years into a 1.7 million-square-foot modern industrial park. Read more

Ryan to Build Grocery and Apartments at Selby/Grand

Ryan Cos. envisions grocery store, apartments for St. Paul’s bustling Snelling-Selby intersection.

A grocery store and apartment development proposed for the intersection of Snelling and Selby Avenues in St. Paul will try to build upon what is already one of the capital city’s more eclectic commercial areas. Read more