Finance & Commerce

Other Top Stories

Rendering of an expansion at the Anoka-Metro Regional Treatment Center

Anoka psychiatric hospital to add 50-bed facility

A $75M state-funded project will add a 50-bed inpatient facility at Anoka-Metro Regional Treatment Center, expanding mental health capacity.

The Minnesota Capitol, shown on Feb. 18, 2026

Bipartisan Starter Homes Act unveiled at Capitol

Fed’s Kashkari says Iran war obscures rate cut outlook

Construction & Development

Rendering of an expansion at the Anoka-Metro Regional Treatment Center

Anoka psychiatric hospital to add 50-bed facility

A $75M state-funded project will add a 50-bed inpatient facility at Anoka-Metro Regional Treatment Center, expanding mental health capacity.

Real Estate

The Minnesota Capitol, shown on Feb. 18, 2026

Bipartisan Starter Homes Act unveiled at Capitol

Minnesota lawmakers unveil the bipartisan Starter Homes Act, requiring cities to adopt upzoning measures aimed at boosting housing production statewide.

Just Sold

Just Sold: Apartment sales pop up across the market

Two small apartment building sales closed in Stillwater and Brainerd, totaling $8.5M, with strong investor demand and multiple offers.

Q & A

Q&A: Hendrickson gears up for new CEO role with Adolfson & Peterson

Adolfson & Peterson names Brad Hendrickson CEO as Jeff Hansen retires, capping record growth and $1.5B in revenue for the 80-year-old firm.

Nation & World

Neel Kashkari

Fed’s Kashkari says Iran war obscures rate cut outlook

Fed’s Neel Kashkari says U.S.-Israel conflict in Iran raises economic uncertainty, complicating interest rate policy and future Fed decisions.

On the Market

The warehouse at 2323-2409 Hennepin Ave. E. in Minneapolis

On the Market: Minneapolis, suburban industrial properties

Industrial properties in Minneapolis, Maple Grove and Otsego include a 65,000-square-foot warehouse, 157,000-square-foot spec build and 6.4-acre industrial land site.

Podcast

Professional Announcements

Special Publications

C-Level Awards 2026

First C-Level Award honorees announced

These awards celebrate top corporate executives who consistently demonstrate remarkable leadership skills, integrity, vision and community engagement.

EVENTS

Top Women in Construction

March 7th, 2026 | 5:00 PM

Top Women in Construction celebrates the impact women are having in the construction industry. We will honor those who, by achieving success[...]

C-Level Awards

April 9th, 2026 | 5:00 PM

The C-Level Awards celebrate top owners and business leaders who consistently demonstrate remarkable leadership skills, integrity, values, v[...]

Top Projects

July 23rd, 2026 | 6:00 PM

Honoring the best building and construction projects in the state, Finance & Commerce’s Top Projects is the must-attend annual event t[...]

see all events

Construction & Development

What’s inside the Kmart site housing proposals?

Twin Cities housing permits jump; apartments lag

Plymouth approves TIF for $62M redevelopment

Hendrickson to become Adolfson & Peterson’s new CEO in June

Greiner selected for repurposing Yamasaki Building

Google data center coming to Pine Island

Stearns County justice center bids come in lower

Groups push zoning reform at Start with Home rally

Rendering of an expansion at the Anoka-Metro Regional Treatment Center

Anoka psychiatric hospital to add 50-bed facility

A $75M state-funded project will add a 50-bed inpatient facility at Anoka-Metro Regional Treatment C[...]

Electronic internet web and paper media concept: tablet PC computer, modern black glossy touchscreen smartphone and heap of businees office newspapers with financial news isolated on white background with reflection effect

Dakota opens new Nicollet Mall performance space

Dakota, a live music venue and restaurant in Minneapolis, is opening a new private event and perform[...]

A map of where the Project Alpha warehouse is planned for the former Thomson Reuters campus in Eagan

Warehouse pitch at ex-Thomson Reuters campus advances

Ryan Cos. wins planning commission approval for a 377,000-square-foot warehouse at the former Thomso[...]

An area outlined in red on a map of Woodbury where a company wants to redevelop a site

Woodbury reviews 184-acre Bailey Nurseries redevelopment

Woodbury is reviewing plans to redevelop the 184-acre Bailey Nurseries site with up to 360 housing u[...]

The image on the left shows a basement with an exposed soil floor, open framing, and no defined thermal boundary. At right is completed work featuring a sealed slab, insulated floor, walls and rim joists, and staged hydronic planning completed before mechanical replacement.

Sustainable: AI startup guides homeowners to cut carbon, costs

St. Paul startup Green Home Club uses AI to guide Minnesota homeowners on energy upgrades, cutting c[...]

Real Estate

Three Twin Cities metro senior living properties sold

Where does City Center go from here?

Growing popularity brings narrower window for tax credit

Spring Parade of Homes coming to Rochester

St. Louis Park office sells for $2.88M amid 75% vacancy

House panel rejects $50M rental aid bill

Lyra at Riverdale Station sold in Coon Rapids

Twin Cities tenant group plans March 1 rent strike

The Minnesota Capitol, shown on Feb. 18, 2026

Bipartisan Starter Homes Act unveiled at Capitol

Minnesota lawmakers unveil the bipartisan Starter Homes Act, requiring cities to adopt upzoning meas[...]

Rendering of Doran Cos.' planned five-story building in Minneapolis

Doran Cos. buys Seven Points mall for $3 million

Doran Cos. purchased the Seven Points mall in Minneapolis for $3 million to develop a 228-unit apart[...]

The building at 700 Hennepin Ave., which once housed Seven Steakhouse & Sushi

Seven Steakhouse sells for $1.3M

Seven Steakhouse & Sushi has been sold for $1.3 million, this time without its billboard advertising[...]

Rendering of CityWalk Apartments planned for Rochester

Rochester approves $139M CityWalk Apartments

Rochester EDA approves development agreement for the $139M, 342-unit CityWalk Apartments near Mayo C[...]

the 180-unit apartment Lyra at Riverdale Station in Coon Rapids

Price for Coon Rapids apartments is $42.75M

The 180-unit Lyra at Riverdale Station in Coon Rapids sold for $42.75 million in a mortgage assumpti[...]