Commercial real estate projects take a lot of planning from a developer. The planning phases of the project can last weeks, months or years. While the developer may be concerned with the actual layout of the commercial development, the planning phase does not end there. Commercial developers must go further and get approvals from local […]
Cities cost a lot of money to run. Governmental agencies will take many creative approaches in order to raise the funds they think they need. In some cases, cities will use taxes to raise money. In others, special fees and assessments will be ordered for property owners. In some cases, these fees can become overbearing […]
The Southwest Corridor light rail line has been the subject of much controversy in the Twin Cities. The ever expanding cost of the project has driven many people from supporting it. In April, it was announced that the cost to build a line would be up to $2 billion. This was a jump of $341 […]
Minnesota loves its sports teams. With professional hockey, football, basketball and baseball teams, the metro area is teaming with sports fans who are eager to cheer on their favorite team. Many around the Twin Cities are not hoping to add professional soccer to the list of teams in the area. For many months, Major League […]
Downtown Saint Paul is lucky enough to be located in a beautiful area right on the Mississippi River. Like many areas of the metro, the river has been a draw for many people living downtown. The city is hoping that a new commercial real estate development project will help to bring even more people into […]
As the summer starts to wind down in Minnesota, so does construction season. The summer months are often plagued by closed roads, massive construction zones and traffic delays. However, people may not realize that construction effects more than their commute. For the people who own property near the construction zone, a construction project can be […]
A commercial real estate project can breathe new life into a neighborhood or building. While some developments start completely from scratch, others are able to start a new chapter for older structures. In either situation, a commercial development has the potential to grow a community while being profitable for property owners. According to reports, a […]
Governmental bodies have a great amount of power when it comes to other people’s property rights. Through the use of their eminent domain powers, governmental bodies have the power to condemn private property. In these cases, the government must give the original owner fair compensation for the property, but can otherwise take it over. However, […]
As summer approaches, many Minnesotans are looking forward to time at the lake. While some people may travel to lake homes or vacation spots, others own year-round property on a lake. Whatever a property owner’s situation is, people need to make sure their lake access and riparian rights are protected. One group of homeowners is […]
There are various reasons that the sale of a building can be stalled. Even when a buyer has been obtained and a contract has been signed, various issues can arise that stop or slow a sale. In these cases, people may have to turn to the courts in order to reach closing or receive appropriate […]