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Katie Galioto

Twin Cities

Business Reporter at The Minnesota Star Tribune

business reporter @StarTribune, covering the Twin Cities’ downtowns | say hi and send tips: [email protected]

Articles

  • 1 week ago | startribune.com | Katie Galioto

    St. Paul city officials and the Minnesota Wild are scaling back plans to renovate the Xcel Energy Center complex with a new pitch for $50 million from the state, a fraction of their original request. After legislators' icy response to the March proposal of $769 million, half of which would have come from the state, the city and NHL team offered a $488 million alternative Thursday that focuses solely on the 25-year-old arena.

  • 3 weeks ago | startribune.com | Katie Galioto

    For many, the loss of one of downtown St. Paul's key skyway arteries is an inconvenience. But for Tommy Sar, who lives in an adjacent apartment and uses a wheelchair, it's untenable. Weeks later, the temporary walls and locked doors are still catching commuters and visitors by surprise, forcing U-turns on lunchtime strolls or extended walks to the office.

  • 1 month ago | startribune.com | Katie Galioto

    Five years after COVID-19 crushed its opening plans, the Dayton's Project still houses several vacant and unfinished floors, driving the downtown Minneapolis office building's ongoing financial struggles. The $375 million redevelopment of the landmark department store was heralded as a boon to the central business district, promising a burst of vitality particularly for Nicollet Mall. But after the pandemic crippled its launch, expectations for the Dayton's Project became delayed and dimmed.

  • 1 month ago | startribune.com | Katie Galioto

    By Katie Galioto Using Census data, the Downtown Alliance estimated there are about 20,000 government jobs in zip codes encompassing downtown, the Capitol complex and the West 7th area. Those jobs, most of which are with the state, comprise roughly one-third of the area's workforce. Regions Hospital remains the largest single downtown employer, but there are more government workers than employees of Ecolab or Securian Financial, two Fortune 500 companies with major footprints downtown.

  • 1 month ago | startribune.com | Katie Galioto

    The total value of property in Minneapolis dropped about 1% this year, according to the city assessor, marking the second consecutive year of decline. New assessments mailed out earlier this month, which the city will use to calculate taxes payable in 2026, also signal the property tax burden will shift more to homeowners. That's partly because commercial property values in the city continue to decrease - especially in downtown, where they fell 9.5% from last year.

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Katie Galioto
Katie Galioto @katiegalioto
4 Mar 25

RT @mnspj: LAST CHANCE! Submit your entries to the 2025 Page One Awards by 10 p.m. tonight. Find complete guidelines and entry information…

Katie Galioto
Katie Galioto @katiegalioto
3 Feb 25

RT @mnspj: One week until MNSPJ's annual winter mixer! Join us at Lake Monster Brewing on Feb. 5 from 6:30-8:30 p.m. to learn about the ne…

Katie Galioto
Katie Galioto @katiegalioto
15 Jan 25

RT @mnspj: MNSPJ is excited to announce the 2025 A-Mark Prize for Investigative Journalism in Minnesota, which seeks to recognize outstandi…