Finance & Commerce

Finance and Commerce stands out as the sole daily newspaper focused entirely on business within the Twin Cities, which includes Minneapolis and Saint Paul, Minnesota. Established in 1887, it offers in-depth reporting on various sectors, including real estate, construction, technology, banking, energy, healthcare, and advertising. Serving as the official publication for both Hennepin County and the City of Minneapolis, it is owned by Dolan Media. The newspaper operates from its offices in downtown Minneapolis and employs a number of union workers.

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Plan for Mankato public safety center grows in size, cost

6 days ago | finance-commerce.com | Brian Johnson

Listen to this article The Minnesota Bureau of Criminal Apprehension is trying again this year to secure state money for a proposed regional public safety center in Mankato — a project that didn’t get funded last year when the Legislature failed to take action on a bonding bill. Meanwhile, the $73.184 million project has grown in size and cost.
Arboretum plans new entry, Apple House projects

6 days ago | finance-commerce.com | Brian Johnson

Listen to this article The University of Minnesota Landscape Arboretum in Chaska attracts nearly 700,000 visitors per year, so managing traffic flow in and out of the 1,200-acre destination isn’t always easy. With a new project, the arboretum aims to improve that navigational experience for everyone, regardless of their preferred transportation mode.
Edina council grants final approvals for $106.5M library

1 week ago | finance-commerce.com | Brian Johnson

Listen to this article The Edina City Council has granted final approvals for the long-anticipated new Southdale Library and Art Center. Wednesday night, the council swiftly and unanimously approved a conditional use permit, site plan and building height variance for the $106.8 million project, which will replace the 1971-vintage Hennepin County Regional Library at 7001 York Ave. S. with a new 43,107-square-foot-library and a 16,164-square-foot Edina Art Center.
New skilled nursing center nears construction in Hopkins

1 week ago | finance-commerce.com | Brian Johnson

A year and a half after the project was approved, a new skilled nursing facility is a step closer to construction in Hopkins. Tuesday night, the Hopkins City Council signed off on a resolution in support of “host approval” for the issuance of $35 million in health care revenue bonds for the project. Designed by Pope Design Group, the 88-bed, 84-unit facility will be built at 412 Fifth Ave. N. in Hopkins.
Cragun’s Resort on Gull Lake sells for $19.5 million

1 week ago | finance-commerce.com | Dan Netter

A Brainerd institution has officially changed ownership ahead of the upcoming tourism season, according to a certificate of real estate value. Cragun’s Resort on Gull Lake property was bought by Leisure Hotels and Resorts for $19.5 million after being owned by the Cragun family for a better part of a century. The certificate of real estate value, released Tuesday by the Department of Revenue, showed the price tag for the resort was $19.5 million.
U.S. Bank Stadium to renovate operations center

1 week ago | finance-commerce.com | Brian Johnson

The Minnesota Sports Facilities Authority is accepting proposals to manage construction of a planned expansion and renovation of U.S. Bank Stadium’s operations center. Workers will “renovate and expand an existing security command center utilized for events, including select demolition of existing non-bearing walls, painting, flooring, lighting, casework, electrical, HVAC, and technology,” Lisa Niess, U.S. Bank Stadium’s director of marketing and communications, said in an email.
Kraus-Anderson completes Woodbury Service Center

1 week ago | finance-commerce.com | Brian Johnson

Minneapolis-based Kraus-Anderson has completed Washington County’s new $29.6 million Central Service Center in Woodbury. Located at 1261 Woodlane Drive, the facility will open to the public in late summer, Kraus-Anderson said in a press release Wednesday. The facility will offer services that include licenses, passports, park permits, homestead applications and property tax payments.
Opus completes Dayton Parkway Business Center

1 week ago | finance-commerce.com | Brian Johnson

Opus has completed the Dayton Parkway Business Center, including the tenant improvements for TurbinePROs, the building’s first tenant, according to a press release. TurbinePROs is a provider of rotating equipment at power generation and process plants. Located on a 10-acre site at 17800 Territorial Road in Dayton, Dayton Parkway Business Center is a 131,578-square-foot Class A speculative distribution and light manufacturing facility.
Proposed 90-unit apartment project advances in Minneapolis

1 week ago | finance-commerce.com | Brian Johnson

Listen to this article Despite pushback from some neighbors, plans to bring a new 90-unit apartment building with commercial space to Minneapolis’ Powderhorn Park Neighborhood have cleared a hurdle in the approval process. On Monday, by a 6-2 vote, the Minneapolis Planning Commission recommended approval of a comprehensive plan amendment for the proposed seven-story building. The development site includes parcels at 1119 E. Lake St., and 3010, 3016 and 3020 12th Ave. S.
Twin Cities home listings surge as spring market arrives

1 week ago | finance-commerce.com | Dan Netter

Skip to content Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Category: - date_display: Signed purchase agreements for homes were up 5.5% from a year...