The Crisman family is in a continuous four-year battle with local officials located in Hillman Township over their access road to their property. The road has been completely wiped off the map and the Crisman’s don’t know if mail or packages will be delivered to them. Furthermore, they are not even sure if their daughters […]
In 2017, there was a short supply of condos and townhouses in the Minnesota. Some developers claimed they were not motivated to build because of the confusing laws on building defects, warranties, and threat of litigation. That year, a law was adopted to clarify the rule around litigation over construction and design flaws to assist […]
Based on a recent survey from Jones Lange Lasalle Inc., 43% of the 720 logistic real estate professionals surveyed considered limited availability of entitled land to the be the biggest constraint to developing new projects. The National Retail Federation predicts that non-store and online sales will grow between 18% and 23% this year, totaling between […]
Recently, Saturday Properties purchased Central High School in Duluth for $7.4 million. It had been on the market for the past seven years. Central High School sits on 76.84 acres. The Duluth School Board approved the sale in hopes that it will have long term benefits for their schools and community. Saturday Properties’ goal is […]
Last May, riots broke out in St. Paul’s Midway causing fire, vandalism, smoke and water damage to businesses in the Midway Shopping Center on University Avenue. Storeowners state that only 10 percent of businesses were heavily damaged, while the other 90 percent of businesses were mostly unscathed. Some tenants are suing Snelling-Midway Redevelopment, LLC (along […]
The owners of Dayton Project on Nicollet Mall have sued one of its financiers, Monarch Alternative Capital LP. The owners, 601 Minnesota Mezz LLC, allege that the financier is attempting to take over the $350 million building project through a “predatory ‘loan-to-own’ scheme.” During the pandemic, Monarch purchased a mezzanine loan for the project at […]
The counties of Dakota, Hennepin, and Ramsey, and the cities of Minneapolis and St. Paul are providing emergency rental assistance to people who are struggling to pay rent. Landlords with struggling tenants could consider submitting an application for The Zero Balance Project, which opened for applications on June 7 and will close on June 20 […]
Ryan Companies is redeveloping Ford Motor Company’s old site, which will now be named Highland Bridge. The new site will include housing, retail space, office space, green space, and access to surrounding neighborhoods. There will be an estimated 3,800 new residences, 20 percent of which are affordable housing. The design is meant to enhance the […]
An increasingly popular attitude among St. Paul city officials, developers and housing advocates has been to reduce, or eliminate, the City’s parking minimums in order to increase housing supply. St. Paul and Minneapolis have recently considered the proposition of adjusting their zoning rules in order to increase affordable housing.The St. Paul Planning Commission was recently […]
A neighbor of the late Minnesota businessman Irwin Jacobs is suing the estate and the City of Orono over their plan to divide the estate’s 20-acre property into six subdivisions that would be sold to build new houses and streets.According to the neighbor, Barbara Burwell, the redevelopment violates the City’s lakeshore setback rules and could […]