Finance & Commerce

02/08/2025

The renewable energy industry is shifting its message to better align with world leaders’ self-interests.

02/07/2025

Rented single-family homes are the housing market’s big standout right now, with costs 20% higher than that of a typical multifamily apartment, according to the latest market report from Zillow.

02/07/2025

U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025.

02/07/2025

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts.

02/07/2025

Construction spending in late 2024 inched upward thanks to single-family homes and data centers, but recently announced tariffs over the weekend could impact future construction spending.

02/07/2025

Edina’s down payment assistance program has been suspended because of a lack of funding, according to an Edina city official. To restart the program, it’ll take around $2 million.

Edina's down payment assistance program was suspended because of a lack of funding. The city needs $2M to restart the program, affecting first-time homebuyers.

02/07/2025

Way back in 2022, Hearth Development cleared the city entitlement process for a planned $14M, market-rate apartment building on a site that may be familiar to fans of the movie “Fargo” — the old Lakeside Club location in Mahtomedi.

Hearth Development to build a 39-unit, 55+ apartment complex on Mahtomedi’s former Lakeside Club site, made famous by the 1996 movie ‘Fargo.’

02/07/2025

In this week’s edition of On the Market, we feature two blank-slate properties in the east metro.

Two prime redevelopment sites in St. Paul and Eagan offer investment potential, from a historic downtown building to a business park-zoned land parcel.

02/07/2025

Unlike his first term, President Donald Trump appears to have grander ambitions and is operating in a far more treacherous economic environment this time.

02/06/2025

Part of the large settlement reflects the pain and emotional turmoil suffered by the worker before his death beneath the wheels of a dump truck.

02/06/2025

A boutique office property in Edina has undergone a refinancing worth about $11.3 million, arranged by Cushman & #38; Wakefield, the real estate firm announced Tuesday.

A boutique office property in Edina has undergone a refinancing worth about $11.3 million, arranged by Cushman & Wakefield, the real estate firm announced Tuesday.

02/06/2025

Minneapolis-based Kraus-Anderson has put the finishing touches on a $226 million renovation and addition at White Bear Lake Area High School’s North Campus.

02/06/2025

Rochester’s rock-solid housing market is poised for more growth as plans take shape for a development that will bring 220 new single-family homes to the northwest part of the city.

Rochester City Council OKs annexation and rezoning for new single-family homes in the northwest part of the city, boosting the city’s growing housing market.

02/06/2025

Nonprofit developer Trellis Co. will start interviewing contractors to build its 40-unit supportive housing project in Mankato, according to a Trellis leader.

02/06/2025

Almost a year after the deadly collapse of Baltimore's Francis Scott Key Bridge, Maryland officials on Tuesday unveiled their designs for its replacement, which will be taller and better protected against ship strikes.

02/06/2025

Big-D Midwest, Real Estate Equities and Urbanworks Architecture recently celebrated the opening of The Landing at Amber Fields, an affordable housing development in Rosemount, according to a press release.

02/06/2025

Becker Furniture, a furniture retailer with seven stores in the Twin Cities metro and a distribution center in its namesake city, has been purchased by Furniture Mart USA, according to a press release.

02/05/2025

Shortly after hiring a consulting firm to redesign the Public Safety Building, Milwaukee County officials toured the crumbling facility ahead of a $490 million reconstruction project.