St. Michael cleared plans for a 251,600-square-foot industrial building at Naber Business Park. The pad-ready lot is slated for sale to Likewise Partners and could deliver by next spring.

St. Paul is buying 259 University Ave to assemble a half-block site aimed at attracting larger housing and mixed-use projects along University Avenue. City filings show demolition and an RFP are planned.

Hennepin County is recommending $1.7M in TOC grants for five projects that officials say will leverage about $66.2M to add housing, jobs and commercial space. The awards center on BRT and high-frequency bus corridors.

Ebenezer is planning an 82-unit Estoria cooperative at 2285 Arboretum Blvd in Victoria, offering buy-in ownership for 62+ and amenities like a golf simulator.

Short-term loans on Twin Cities office towers are maturing, forcing owners to scramble for refinancing while foreclosures rise.

A longtime Rosenthal Interiors showroom in downtown Minneapolis is set for auction in July with a $250,000 starting bid. The 25,000-sf property failed to sell when listed last fall.

An appeals court ordered Faribault to complete a full environmental impact study for a planned Archer Datacenters campus, pausing the project and elevating questions about emissions, water and noise.

Fargo-based Enclave closed on Shoreview’s Rice Street Crossing site and will build Krew — a 293-unit, roughly $80M mixed-income complex with 20% affordable units. Construction will be phased and the city is backing the deal with TIF and cleanup grants.

Swervo bought the France Commons office complex in Edina for $9.5M and plans renovations plus new service‑retail pads along France Avenue.

A shortage of new medical buildings and a flurry of hospital‑system deals are tightening Minneapolis–St. Paul’s clinic market and lifting rents for prime medical space.

Securian is investing $50M to modernize its downtown St. Paul headquarters, adding a large new gym and refreshed office space across a roughly 1 million‑sq‑ft campus.

District Energy St. Paul has begun building the Capital City Thermal Plant at University Avenue and Mississippi Street to expand downtown cooling and support new development.

Medline has signed a lease for roughly 195,000 sq ft at Brockton Business Park in Corcoran, anchoring the first building of Hempel and TPG Angelo Gordon’s industrial project. The deal gives the northwest Twin Cities market a major logistics tenant.