Associated Bank provides $29m construction load for senior living development in Bloomington, MN Associated Bank has provided a $29 million loan for the construction of a 133-unit senior living development in Bloomington. Dubbed ThePOINTE Bloomington, the independent living community is the second of a two-phase project on a 7.5-acre site. Phase I, currently under construction, Read more…
Category: In The News
Downtown Minneapolis tower RBC Gateway already has 17 of 37 stories built
Downtown Minneapolis tower RBC Gateway already has 17 of 37 stories built High above Hennepin Avenue, harnessed construction workers in yellow vests scrambled as a towering United Properties crane hoisted giant ceiling partitions up 17 floors, swung them overhead and inched them into place atop the growing RBC Gateway tower. The hustle atop the burgeoning Read more…
Minneapolis secures $12.5 million from state for concert venue on North Side riverfront
Minneapolis secures $12.5 million from state for concert venue on North Side riverfront A plan to redevelop 48 acres along the north Minneapolis riverfront has picked up momentum after it secured $12.5 million from the state to build its centerpiece concert venue. The transformation of the Upper Harbor Terminal, a decaying and largely unoccupied industrial Read more…
United Properties tops Minneapolis St. Paul Business Journal’s Top Real Estate Developer list
United Properties tops Minneapolis St. Paul Business Journal’s Top Real Estate Developer list We are proud to be ranked No. 1 in the 2017 Top Real Estate Developer list published this week by Minneapolis St. Paul Business Journal. This year marked the fourth year in a row that United Properties has topped the list. Co-presidents Read more…
Kenwood Village mixed-use development unveiled in Duluth
Kenwood Village, Duluth News Tribune March 24, 2017 By Brooks Johnson Officials cut the ribbon on Kenwood Village at Arrowhead Road and Kenwood Avenue on Friday afternoon, with a few dozen neighbors and others touring the freshly finished complex.* Read More Here
New Minneapolis Macy’s property owner selects United Properties, other local partners
Star Tribune March 2, 2017 By Nicole Norfleet United Properties, one of the largest developers in the Twin Cities, is taking a stake in the just-sold Macy’s complex in downtown Minneapolis and also taking the lead in redeveloping the site. Read More Here
Kenwood Village Open for Business
Fox21 TV March 24, 2017 By Greg Chandler Another in a series of mixed use developments in Duluth is open for business. United Properties celebrated the opening of Kenwood Village with a ribbon cutting Friday afternoon. Read More Here
Swisslog Healthcare to relocate to Broomfield
Colorado Real Estate Journal March 17, 2017 By Jill Jamieson-Nichols Swisslog Healthcare Solutions is preparing to move its North American headquarters from Denver to Broomfield. The company reportedly is working with United Properties to develop an approximately 56,000-square-foot building at Interpark, located at West 112th Avenue and Main Street. Read More Here Read more…
Boom times for industrial space
Denver Business Journal March 3, 2017 By Molly Armbrister With record-low vacancies driving up rents, developers are eager to put up new industrial complexes. But they face soaring land and construction prices. Read More Here