Despite advances, senior housing remains tricky pitch
When it comes to housing, it seems no amount of marketing will make baby boomers think they’re ready for 55-plus apartments — even if they’re pushing 70. And in senior housing, where the average age is...
View ArticleFlocking to First Avenue: Remes buys three buildings near Whole Foods project
Developer Peter Remes and his First & First LLC on Wednesday were in the process of closing on a $1.2 million purchase of three First Avenue North buildings just to the west of the neighborhood.
View ArticleStanton adds units to condo plan
Developer Jim Stanton is adding units to Park Vista, his proposed new condo building near the Guthrie Theater in downtown Minneapolis.
View ArticleJust Sold: Final units sell in Phoenix on the River condos
Four years after the grand opening of Phoenix on the River, the last three condo units have been sold in the 80-unit building.
View ArticleTop Residential Transactions: A New England-style farmhouse sells in Medina
Peter and Erin Slocum paid $715,155 for 13 acres of open land in Medina in 2006. They built a four-bedroom, six-bath, 5,806-square foot home and a second building on the grounds. Plans change, however,...
View ArticleMore apartments, condos for Mill District
The Mill District in downtown Minneapolis, popular with developers during the condo boom, is getting busy again.
View ArticleNorth Loop: Desperately seeking green space
Given that the North Loop is among the most intensely competitive areas for developers chasing sites for new apartments in Minneapolis, does a neighborhood’s desire for a park stand a chance?
View ArticleDevelopers chase Metropolitan Council money
The city of Minneapolis planning staff is recommending seven development projects for about $5.2 million in funding from two Metropolitan Council programs.
View ArticleBoom or Bust? Selling the luxury rental dream
Amid the busy development climate for local apartment projects, competition is increasing to market new rental units.
View ArticleAmeriprise buys 17 Ivy condos
Ameriprise Financial may have given up early this year on buying the Hotel Ivy, but it turns out the Minneapolis-based financial services giant still saw something of value in the residential condos...
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