Posts Tagged ‘Minneapolis’

Call for Entries: AAA Poster Contest Promotes Traffic Safety

Thursday, October 30th, 2008

For years, commercial artists produced traffic safety posters used by AAA. In the mid-1940s, however, AAA decided that students might develop a greater awareness of traffic hazards if the poster ideas came from the children themselves. By design, the task requires them to not only think about, but also interpret and illustrate their ideas of [...]

Nouvel’s $150 Million Window Waterfall Shakes Up Condo Design

Tuesday, April 17th, 2007

The mottled surface of 100 11th Ave. will shimmer like a towering alligator handbag or sparkle as if sheathed in sequins. Paris celebrity architect Jean Nouvel has just upped the ante on Manhattan condo design.
The crinkly glass that clads the $150 million, 23-story condo tower for locally based Cape Advisors Inc. blows away the pink-brick [...]

The 90-year-old Crystal Bay, now the Park View, is open during renovation.

Sunday, February 25th, 2007

ST. PETERSBURG - After years of waiting, residents along the west end of Central Avenue got their wish when a developer bought the Crystal Bay Hotel.
Norman Kerr, who has rehabbed properties in South Beach, Minneapolis, Austin and Dallas, bought the 90-year-old hotel in January and has already begun a multimillion-dollar repair that will include an [...]

Minneapolis Rejects Tighter Condo Rules

Monday, February 12th, 2007

What: On a 7-6 vote, the Minneapolis City Council on Friday narrowly rejected a proposal to strengthen condo-conversion ordinances.
The proposed changes: Would have enhanced tenants’ rights with relocation money, would have required developers to contribute to reserve funds and would have required developers to provide detailed condo-conversion information to help the city track the loss [...]

W. P. Carey Acquires Upscale Hilton Hotel in Bloomington, Minnesota

Saturday, February 10th, 2007

Investment firm W. P. Carey & Co. LLC announced that it will provide approximately $49 million in funding for the construction and development of a 255-room Hilton hotel in Bloomington, Minnesota. The funding will be made on behalf of W. P. Carey’s affiliated income generating real estate fund, Corporate Property Associates 16 - Global [...]

Idea for a new hotel echoes efforts in ’90s

Tuesday, January 30th, 2007

Last week’s recommendation that Kansas City should begin planning a 1,000-room headquarters hotel near Bartle Hall was deja vu all over again for developer Whitney Kerr Sr.
Kerr was intimately involved with Ross Perot Jr. in a tortuous effort during the early 1990s to build a 1,000-room hotel by the convention center. After several years of [...]

Long-stalled Reserve condo project might be moving forward

Tuesday, January 30th, 2007

The developer of the eight-story Reserve project is negotiating to restart construction without any presales, according to Magellan Development Group.
Brian Gordon, Magellan’s vice president of development, told the North Loop Neighborhood Association Jan. 24 that they have finally found a bank that might be willing to provide financing for the project. The parties have drawn [...]

Tight supply pushes apartment rents up

Wednesday, January 17th, 2007

Housing prices may have leveled off, but rents are at all-time highs as apartment vacancies tighten around the Twin Cities, giving landlords the upper hand.
The average rent in the Twin Cities rose 2.4 percent last year, and is expected to rise another 4 to 5 percent this year as vacancies continue dropping, according to the [...]

Minneapolis real estate firm opens local office

Sunday, January 7th, 2007

Opus North Corp., a commercial real estate firm with a national reach, has opened a Cincinnati office in Sharonville.
The office will be led by Bill Chester, a former senior leasing agent with Duke Realty and the current president of the Cincinnati/Northern Kentucky National Association of Industrial and Office Properties (NAIOP).

3 in running for hotel redevelopment

Monday, January 1st, 2007

Three companies with extensive development experience in struggling Midwest urban areas are in the running to revive the Blackhawk Hotel in downtown Davenport.
This week, the RiverCenter/Blackhawk task force will begin the work of selecting the firm that best fits the city’s goals for rehabilitating the historic structure.
City Administrator Craig Malin said he and other city [...]

St. Paul Hotel’s penthouse suite available to public

Friday, December 22nd, 2006

The most prestigious hotel suite in St. Paul — 2,200 square feet of luxury atop the St. Paul Hotel with a commanding view of the Mississippi River — is now available to the public.
That is, if you’ve got $5,000 a night to spend. And if hotel managers deem you worthy.
The penthouse suite features two [...]

MINNEAPOLIS ARCHITECTS WIN SOUTH KOREAN CONDO CONTRACT

Tuesday, December 19th, 2006

A Minneapolis firm won an architectural design contract for a $2.5 billion complex of more than 700 luxury condos in Seoul, South Korea. Parker Design International World Group spent two months this year designing Pelage, with units averaging 1,400 square feet that will cost $3 million to $5 million each. It’s to be completed in [...]