Farmers Turning to Corn and Soy Over Traditional Wheat

WOLVERTON, MINN. – Jay Nord surveyed his wheat field from the seat of a combine as he mowed down this year’s crop.

The impressive machine is a new Case IH with 60 percent more horsepower than his old combine and the ability to harvest one-third more grain with each pass. Read more

No Apartment Rental Bubble in Twin Cities – Yet

Despite a barrage of new apartment buildings in the Twin Cities metro area, demand for rentals continues to outstrip supply. Read more

New Home Prices Continue to Rise

From storage sheds to swank new subdivisions, construction is booming in the Twin Cities. But for all the activity sprawling throughout the metro, there just aren’t enough workers, contractors or materials to keep pace. Read more

Twin City Parks Clash With Development

With millions of dollars of valuable land available at a discount, far more than they can afford, metro parks agencies are scrambling to snatch up as much land as they can to bolster regional parks for the coming decades. Read more

West Metro Cities Looking to Redevelop

Suburban downtowns around the west metro are being rebuilt as cities strive to revitalize their cores by capitalizing on the latest development trends.

Many new projects, both residential and commercial, are underway in an attempt to bring density and dollars to sagging suburban centers. Read more

Opus U of M Project Gains Approval

Student housing development in the heart of Minneapolis’ Dinkytown is safe – at least for now.

The Minneapolis City Council on Friday voted 9-4 in favor of a rezoning that allows Minnetonka-based Opus Development Co. to develop a six-story, 140-unit student apartment project in the core of the area, located just off the University of Minnesota’s campus. Read more

New Apartments at Southdale Mall

A novel groundbreaking for a new luxury apartment complex occurred last week in the shadow of a Cheesecake Factory.

Sure, there were the usual fancy shovels perched atop a ceremonial pile of dirt, surrounded by beaming real estate developers and city officials. But the site itself, at the corner of W. 69th Street and York Avenue S., has never been developed — even though its Edinalocation is one of the most attractive commercial spots in the Twin Cities. Read more

Sally’s Bar at U of M to Be Converted to Apartment

Minneapolis-based CPM Development is proposing a 98-unit, 158-bedrooom student housing project at 301 Walnut St. in Minneapolis that will include retail space. (Submitted graphic: Cuningham Group Architecture)Minneapolis-based CPM and some undisclosed East Coast business partners recently closed on a $6 million purchase of the old Sally’s Saloon & Eatery off the University of Minnesota campus in Minneapolis and have started demolition for a 98-unit, 158-bedroom student housing project. Read more

Corn, Soybeans Fall to Lowest Level in Nearly Three Years

NEW YORK — The price of corn fell to the lowest in almost three years the forecast for rain in the Plains region boosted the outlook for this year’s crop. Read more

Presbyterian Homes Wayzata Development Takes Shape

The largest redevelopment project in Wayzata’s history is taking shape this summer.

Despite a wet and rainy spring that set back some construction work by two weeks, the $125 million first phase of the Promenade of Wayzata now remains on schedule and on budget, officials said, as it heads into the final stretches of construction this fall.

“We’re on track and we want to stay on track,” said John Mehrkens, vice president of project development for Roseville-based Presbyterian Homes & Services. “It’s certainly a very large and ambitious project.” Read more