Entries by bwadmin

Minnetonka Medical Building Moves Forward

15306-15500 Highway 7, Minnetonka After months of delays and design changes, Minneapolis developer Mark Davis has closed on land deals totaling $4.6 million, clearing the way for construction to start next week on the 63,000-square-foot Minnetonka Medical Building.

United Properties and Twins Agree to Transit Hub Deal

The Interchange project’s name has gone the way of Hiawatha Light Rail Transit and the Central Corridor LRT. The Minnesota Twins, United Properties and Target Corp. reached a $3.75 million deal with Hennepin County — approved Thursday afternoon — to take over certain operations and other costs of the $85 million transit hub near Target Field.

DLC Residential Purchases Site for 158 Class A Apartment Units

A Cushman & Wakefield/NorthMarq Brokered Transaction A Florida developer has closed on a $4.85 million land deal to build 158 market-rate apartments in the West End mixed-use development in St. Louis Park. Millennium at West End LLC, an entity related to Dolce Living Homes LLC of Hallendale, Fla., closed Wednesday on the cash deal for […]

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.