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Hillcrest closes deal for part of Pentagon Park

Hillcrest Development has paid $2.67 million for a portion of Pentagon Park office park in Edina, according to a certificate of real estate value filed with Hennepin County.

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Schafer Richardson pitches apartments at Totino’s site

Minneapolis-based Schafer Richardson is cooking up plans for a new apartment/retail project on the site of the former Totino’s Italian Kitchen in northeast Minneapolis.

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At long last, former 3M headquarters sells

Developer Jim Stolpestad’s acquisition of the former 3M Co. headquarters in east St. Paul represents a homecoming of sorts for him. But whether the St. Paul developer can find a market for the property...

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Long-awaited sequel for Hollywood Theater?

A local entrepreneur is exploring a plan to rehab the vacant Hollywood Theater to attract a “creative commercial use” to the northeast Minneapolis property.

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Just Sold: $5.2M paid for eight buildings in Pentagon Park

The new owners of the sprawling Pentagon Park office complex in Edina are hoping they can put an edgy, modern spin on 15 mid-20th-century buildings.

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Minneapolis Public Schools likes Hillcrest plan for old headquarters

Minneapolis Public Schools Superintendent Bernadeia Johnson is recommending that the school district negotiate with Minneapolis-based Hillcrest Development to sell the district’s former headquarters at...

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Developers going commercial again

Everyone knows that apartment development is surging across the Twin Cities. But a closer look at projects that the city of Minneapolis is eyeing for state redevelopment funds shows a different trend:...

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What’s next for Century Plaza?

The Hennepin County Human Services and Health Department will move out of its downtown Minneapolis home in Century Plaza by the end of 2014.

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Residents’ fears pit Pentagon Park against golf course

Edina residents fear that the proposed Pentagon Park development is driving a proposal to close one of the city’s golf courses, despite the hemorrhaging losses of city golf operations and the...

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Schafer Richardson REIT adds to portfolio

The privately held REIT has paid $3.7 million for an office building in northeast Minneapolis.

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