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Excelsior officials are debating the approval of a three-story, mixed-use building that’s too tall for the historic area’s regulations. Several other projects have failed to materialize at the prime spot, empty for 15 years.

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Long-sought $500M Duluth project in limbo with New York developer’s finances questioned

Lazar Ostreicher pitched a big residential complex with city financial aid on the site of old Central High School, but Duluth says he breached his contract. He’s fighting the city while separately fighting a lender from foreclosing on a Duluth apartment building he owns.
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Bloomington reverses plan for bike park at former Thunderbird Motel

Minnesota lawmakers extended the property’s tax-exempt status, buying local leaders more time to try to find a developer for the site.
July 1, 2025

Trump’s federal spending bill could force Minnesota counties to raise property taxes

Minnesota administers food stamps through county offices. Critics of the bill say that rather than cutting the program’s costs, it forces counties to pay them through higher taxes.
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Tara Nordgren walked home with her son Allan in a stroller and a wagon she had attached by a belt to the handle of the stroller to bring home the groceries she had got at the Anoka County Brotherhood Council food shelf in Anoka, Minn., on Thursday, June 18, 2015. Nordgren works at Burger King but as a single mom needs help with groceries since her food stamps were cut back. She doesn't own a car. ] RENEE JONES SCHNEIDER • reneejones@startribune.com

St. Paul’s Xcel Energy Center, home of the Wild, to become Grand Casino Arena

Officials from the NHL team and Grand Casino Mille Lacs and Grand Casino Hinckley announced a 14-year naming rights partnership for the venue in downtown St. Paul.
June 30, 2025

Selling downtown Minneapolis towers is a tall order these days

CBRE executives Ryan Watts and Harrison Wagenseil say the Twin Cities market will take a while to come back. Southern cities with lots of new jobs and the large markets like New York City and Miami are recovering first.
June 30, 2025

Mid-century modern home on Lake Minnetonka listed for $3.15M

A couple rebuilt a mid-century Mound home in the same style along the Lake Minnetonka waterfront, which is now on the market for $3.15 million.
June 27, 2025
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As new apartments in downtown Minneapolis dry up, rent increases appear likely

Apartment construction is hitting the skids at a time when demand is on the rise.
June 26, 2025

New Wolves owners want to leave Target Center. Here’s what’s at stake for downtown Minneapolis.

The city-owned Target Center is the second-oldest arena in the NBA. Alex Rodriguez and Marc Lore, new owners of the Timberwolves and Lynx, said they plan to build a new one.
June 26, 2025

Lake Pepin country house finally fits with historic cottages post remodel

The renovation honors the late-1800s architecture of its neighbors and earned a 2025-26 Home of the Month honor.
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Ramstad: Affordable or not, housing can take years to build in Minnesota

A multifamily property developer in Bloomington went through many twists just to get ready for construction to start.

Luxe renovated Edina house with billiard room and saltwater pool listed at $2.95M

Kyle and Andrea Vorachek are live-in flippers who remodeled the Twin Cities metro home in hopes of making a profit.
June 20, 2025

Minnesota lake houses getting more expensive as rest of market stalls

Many would-be homebuyers are hesitant amid high mortgage rates and economic volatility. But property on any of Minnesota’s 10,000-plus lakes is selling fast and for a premium.
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