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Minnesota Commerce Department awards Minneapolis for clean energy

The Minnesota Commerce Department honored Minneapolis among eight Minnesota communities for promoting energy efficiency, conservation and renewable energy generation

Zebra mussels confirmed in Franklin Lake in Otter Tail County

The Minnesota Department of Natural Resources has confirmed zebra mussels in Franklin Lake in Otter Tail County. This is one of several recent confirmations across the state as lake property owners and lake service provider businesses check equipment for invasive species at the end of the season.

Check for invasive species when closing cabins for winter

The Minnesota Department of Natural Resources is reminding lake property owners to carefully check boats and trailers, docks and lifts, and all other water-related equipment for invasive species when closing cabins for winter. Several recent new zebra mussel confirmations were initially reported by people making end of season inspections of docks, boats and boat lifts.

City Council approves update to City’s investment policy to increase support for affordable housing

The policy change allows the City to invest in mortgage backed securities where the underlying mortgages are for properties that are “naturally occurring affordable housing” (NOAH) properties in Minneapolis. Naturally occurring affordable housing generally refers to unsubsidized multifamily rental housing affordable to households with incomes at or below 60 percent of the area median income ($51,480 for a family of four.)

Minneapolis City Council approves over $9 million in affordable housing investments throughout Minneapolis

The Minneapolis City Council approved $7.9 million in direct investment and $1.2 million in 10-year federal tax credits to create or preserve 686 units of affordable multifamily rental housing in 10 projects located throughout the city.

Klobuchar, Franken, Peterson, Nolan, Emmer Announce Over $14.6 Million to Help Minnesota Farmers Lower...

U.S. Senators Amy Klobuchar and Al Franken, along with Representatives Collin Peterson, Rick Nolan, and Tom Emmer, announced $14,644,054 to help Minnesota farmers lower energy costs and boost renewable energy. The support comes from the U.S. Department of Agriculture’s Rural Energy for America Program (REAP). REAP helps farmers and rural business owners reduce their costs by providing grants and loan guarantees for renewable energy and energy efficiency projects.

Minneapolis Development Selected as Winner of ULI’s 2016 Jack Kemp Excellence in Affordable and...

South Quarter IV, a housing development in Minneapolis, has been selected by the Urban Land Institute (ULI) Terwilliger Center for Housing as the winner of the 2016 Jack Kemp Excellence in Affordable and Workforce Housing Award

Members of Minnesota Congressional Delegation Urge Administration to Issue Federal Disaster Declaration for Minnesota...

U.S Senators Amy Klobuchar and Al Franken, and Representatives Collin Peterson, John Kline, Betty McCollum, Tim Walz, Keith Ellison, and Tom Emmer, today urged the Administration to provide federal assistance to Minnesota communities impacted by the devastating flooding that caused extensive damage across much of the state. In a letter, the federal lawmakers urged the President to issue a Major Disaster Declaration to assist communities that are working hard to recover from significant flood damage. Earlier today, Governor Mark Dayton formally requested federal assistance to help communities rebuild and recover.

Klobuchar, Franken Announce $1.5 Million in Federal Funding for the Minnesota Apprenticeship Expansion Initiative

U.S. Senators Amy Klobuchar and Al Franken today announced that the U.S. Department of Labor has awarded the Minnesota Department of Labor a $1.5 million federal grant to fund the Minnesota Apprenticeship Expansion Initiative. The funds, provided through the ApprenticeshipUSA initiative, will be used to help meet the need for equitable, demand-driven career pathways in construction and other high-growth industries

Construction begins on new horse trail bridge at Fort Ridgely State Park

Equestrian enthusiasts will soon be able to enjoy the horse trails to their fullest at Fort Ridgely State Park in Fairfax, according to the Minnesota Department of Natural Resources. Contractors arrived last week to begin construction of a new bridge across Fort Ridgely Creek, which is expected to be completed by mid-November
Perkins - Moorhead, MN

The Boulder Group Arranges Sale of Single Tenant Net Lease Perkins Restaurant

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Perkins Restaurant & Bakery located at 3005 Highway 10 East in Moorhead, Minnesota for $2,100,000
Starbucks - Savage, MN

The Boulder Group Arranges Sale of Net Lease Starbucks Property

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Starbucks property located at 13945 Highway 13 Frontage Road in Savage, Minnesota for $1,475,000.
Mattress Firm

Capital Pacific Sells Corporate Three Tenant Shopping Center in Maplewood, MN

Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of Venner Plaza, a 11,032 SF three tenant freestanding building located at 1987 County Road D, Maplewood, MN. The property was sold for $6,175,000 to a California based 1031 exchange investor.
Mattress Firm

Capital Pacific Sells Mattress Firm in Roseville, MN

Capital Pacific, a leading retail investment brokerage firm, recently represented the seller of a 3,650 SF Mattress Firm located at 2174 Snelling Avenue N. in Roseville, MN. The property was developed by a Northern California based development firm and sold for $2,500,000 to a private investor.

Nolan Passes Bill to Reduce FAA Waste, Save Taxpayers Money

The U.S. House of Representatives today passed U.S. Rep Rick Nolan’s bill, H.R. 6014, with unanimous support to reduce unnecessary cost burdens on State and Local governments and their airports from the Federal Government when conducting airport improvement and expansion projects. Currently, State and Local governments are being forced to pay an inordinate amount of money to the Federal Aviation Administration (FAA) to complete a project that could be done at a lower cost by the Minnesota Department of Transportation (MnDOT).

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Klobuchar, Franken, Peterson Announce Over $165,000 for Infrastructure Improvements at Windom...

U.S. Senators Amy Klobuchar and Al Franken, along with Representative Collin Peterson, today announced that the U.S. Department of Transportation has awarded Windom Municipal Airport a grant of $166,160 for infrastructure improvements.

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Minnesota Commerce Department awards Minneapolis for clean energy

The Minnesota Commerce Department honored Minneapolis among eight Minnesota communities for promoting energy efficiency, conservation and renewable energy generation