Real Estate

Anyone visiting Duluth since 2012 may have noticed some gradual changes. A series of neighborhood revitalization plans, combined with a nature-loving mayor and increased interest in real estate investment, is beginning to change the look and feel of this historic city.  Read More
An undersized “Edina Realty” marquee adorns the otherwise nondescript Pacific Flats building, a three-story red-brick slab in Minneapolis’s trendy North Loop district. From Washington Avenue, Pacific Flats is just another 19th-century warehouse — one of dozens within walking distance. Read More
On November 2, 2017, real estate developer Mortenson and Destination Medical Center (DMC) broke ground in Rochester on the first of several planned new facilities within the 16-city-block Discovery Square sub-district. The $5.6 billion DMC initiative will unite doctors and researchers on one campus to Read More

Photo by Tate Carlson

Maybe you’ve kicked in a few bucks online to help a musician record an album, a chef fire up a food truck or a tech genius develop a gadget.
Now the concept of crowdfunding is extending to commercial real estate.
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Street views: Snow Kreilich Architect image shows the potential for Green 4th Street.

The rise of hot neighborhoods like Uptown, Marcy-Holmes and the North Loop prove that affluent professionals actually want to live in post-industrial urban cores. The North Loop’s resurgence is particularly impressive in light of its seedy past as Minneapolis’s low-rent Warehouse District. Read More

Lobby area of the new Olympus headquarters building

Location, location, location” used to be the catch-phrase of real estate agents. When it comes to commercial real estate for manufacturers, however, “efficiency, efficiency, efficiency” is king. Read More
We are in a commercial real estate boom in the Twin Cities, but is the growth developing evenly? Minnesota Business talked with Todd Hanson, senior director of real estate brokerage firm Cushman and Wakefield/NorthMarq. He has 25 years of experience in keeping an eye on development in the Twin Cities. Read More

Photo courtesy of Mayo Clinic Square.

On Wednesday, June 3rd, Mayo Clinic Square had its first major public viewing with Hennepin Theatre Trust’s launch event for Intersections: Made Here, a downtown Minneapolis art gallery. Read More
The Green Line light rail service connecting the downtowns of St. Paul and Minneapolis opened last summer. With ridership numbers surpassing expectations, Minnesota Business asked experts about the line’s impact on real estate and development. Read More