Finance & Commerce
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Finance & Commerce
@financecommerce.bsky.social
Finance & Commerce provides news, analysis and commentary on Minnesota business. We are the only independent daily newspaper dedicated to business reporting.
https://finance-commerce.com/
The St. Paul Downtown Development Corporation bought a condemned parking ramp for $3.7M, its second downtown property purchase in less than a month.
St. Paul DDC buys downtown parking ramp for $3.7M
The St. Paul Downtown Development Corporation bought a condemned parking ramp for $3.7M, its second downtown property purchase in less than a month.
finance-commerce.com
November 10, 2025 at 2:44 PM
The historic John Pillsbury Snyder Mansion in Minneapolis, built in 1913 and once home to Titanic survivors, hits the market for $1.95 million.
On the Market: Historic Pillsbury Snyder mansion listed
The historic John Pillsbury Snyder Mansion in Minneapolis, built in 1913 and once home to Titanic survivors, hits the market for $1.95 million.
finance-commerce.com
November 7, 2025 at 3:27 PM
Shakopee’s EDA approved a $75,000 deal to buy and demolish a blighted downtown property on Sommerville St., paving the way for future redevelopment.
Shakopee to buy blighted downtown site for redevelopment
Shakopee’s EDA approved a $75,000 deal to buy and demolish a blighted downtown property on Sommerville St., paving the way for future redevelopment.
finance-commerce.com
November 7, 2025 at 3:26 PM
Hempel Real Estate and TPG Angelo Gordon bought two Eagan warehouses for $18M, signing Buske Lines to one and planning upgrades.
Hempel, TPG buy Eagan warehouses for $18M
Hempel Real Estate and TPG Angelo Gordon bought two Eagan warehouses for $18M, signing Buske Lines to one and planning upgrades.
finance-commerce.com
October 15, 2025 at 3:35 PM
The St. Paul Downtown Development Corporation has acquired the closed Alliance Bank Center and plans a yearlong redevelopment evaluation.
St. Paul group acquires shuttered Alliance Bank Center
The St. Paul Downtown Development Corporation has acquired the closed Alliance Bank Center and plans a yearlong redevelopment evaluation.
finance-commerce.com
October 14, 2025 at 6:56 PM
The Doran Group has broken ground on Olinia–Maple Grove, a $46M, 132-unit active adult housing project set to open in 2027 with resort-style amenities.
Doran Group starts $46M 55-plus housing in Maple Grove
The Doran Group has broken ground on Olinia–Maple Grove, a $46M, 132-unit active adult housing project set to open in 2027 with resort-style amenities.
finance-commerce.com
September 8, 2025 at 1:45 PM
Hilton Garden Inn near Mall of America sold for $9.9M, far below its $33M price in 2017, reflecting steep hotel discounts in Bloomington.
Hilton Garden Inn near Mall of America sells for $9.9M
Hilton Garden Inn near Mall of America sold for $9.9M, far below its $33M price in 2017, reflecting steep hotel discounts in Bloomington.
finance-commerce.com
September 5, 2025 at 12:35 AM
Centra purchased 610 Opperman Drive in Eagan for $17M from Ryan Cos. to build a 150,000-sq.-ft., 10MW data center dubbed MSP1.
Centra pays $17M for Eagan data center site
Centra purchased 610 Opperman Drive in Eagan for $17M from Ryan Cos. to build a 150,000-sq.-ft., 10MW data center dubbed MSP1.
finance-commerce.com
August 13, 2025 at 1:58 PM
Greco’s $140M plan for the former West St. Paul YMCA will add 476 homes, a restaurant, and a public park with amenities like an amphitheater and trails.
West St. Paul YMCA site set for $140M redevelopment
Greco’s $140M plan for the former West St. Paul YMCA will add 476 homes, a restaurant, and a public park with amenities like an amphitheater and trails.
finance-commerce.com
July 17, 2025 at 4:39 PM