Minneapolis-St Paul

Minneapolis City Council Green-Lights Value Capture District for Nicollet-Central Streetcar Line

Initial approval has been given by the Minneapolis City Council to redirect up to $60 million in property taxes to help pay for a streetcar line which would run along Nicollet and Central Avenues.

Chicago-based REIT Acquires 235-Bed Student Housing Property in St. Paul

By Gabriel Circiog, Associate Editor Chicago-based real estate investment firm Harrison Street Real Estate Capital has closed on a 235-bed student housing property dubbed Stadium Village Flats, the Minneapolis / St. Paul Business Journal reports. Situated at the University of Minnesota in St. Paul, the Stadium Village Flats were sold by the Opus Group. The […]

Paragon Plans 400,000-Square-Foot Outlet Shopping Center in Cedar Grove

By Gabriel Circiog, Associate Editor Paragon Outlet Partners L.L.C. has presented to the Eagan Economic Development Authority a preliminary concept plan for a new upscale outlet shopping center in Cedar Grove. The Baltimore-based developer proposes a project that would feature between 90 and 100 high-end outlet stores on approximately 35 acres of land. With more […]