Target paid nearly $110M to break its City Center lease and the 51‑story tower on Nicollet Mall is now being marketed for sale. The outcome will shape downtown Minneapolis’ next move on huge office blocks.

Lennar plans about 370 homes on a 158‑acre former farm just under a mile from downtown Farmington. The city approved annexation and construction could begin in spring 2026.

After separating from Polaris and selling a majority stake to Carolwood, Indian Motorcycle chose Golden Valley for its new headquarters, keeping the brand in Minnesota.

Aldi has filed permits to convert the former Lunds & Byerlys at E. 10th and Robert into a grocery; remodeling is slated to start March 16.

Google will build a 250,000‑sq‑ft data center at Ryan Companies’ Project Skyway in Pine Island near Rochester, paired with a major Xcel clean‑energy deal and local tax incentives.

Ryan Companies filed plans for a 337,000-square-foot industrial building on the former Thomson Reuters campus in Eagan, sited between an Amazon parcel and a repurposed data center.

The 10‑story Metropoint tower at 435 Ford Road sold at an unusually steep discount to its last sale, thrusting redevelopment plans into the spotlight.

Minneapolis posted two Phase 1 proposals for the New Nicollet redevelopment and opened a short multilingual survey. Responses are due March 5 at 4 p.m.

Inventory in the St. Cloud area is starting to climb this spring, giving buyers more negotiating room while sellers still pull near‑ask offers. Local agents say homes are spending longer on market, and mortgage rates have eased slightly.

The board approved about $5.2M in construction bids plus $705K in turf and equipment purchases, moving the $15M Apex Athletic Center toward a May groundbreaking.

MLG Capital bought Lyra at Riverdale Station, a 180-unit complex in Coon Rapids. The deal consolidates two key Riverdale apartments under one owner and assumes an existing HUD loan.

A Business Journal roundup shows Lake Minnetonka and Wayzata dominated the Twin Cities' biggest home sales in 2025, with several closings near or above $8M.

The White House has pushed a plan to curb big investors and speed permits under an "owners not renters" banner — but analysts say supply shortages, not Wall Street, drive prices.