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Channel: Builders Association of the Twin Cities – Finance & Commerce
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Keystone: Housing units down slightly in March

Minnesota homebuilding activity was mixed in March, as planned housing units dipped s compared with year-ago levels and total permits issued were steady.

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Edina luxury home to benefit UST students

Donations facilitate construction of a $1.7 million Edina home to raise funds for UST's real estate education program

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Housing permits, units slip in April

Local homebuilders pulled fewer permits for fewer housing units in April compared with year-ago levels, marking the first time this year that monthly numbers have been down in both categories.

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Mattamy pays $26.5M for Lakeville land

Homebuilder Mattamy Homes has secured much of the land needed for a $100 million, 1,080-unit housing development in Lakeville, one of the metro area’s largest housing projects in years.

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Sprinklers, water project muddy bonding debate

Residential fire sprinklers and a water system project in southwest Minnesota have emerged as key late-session bonding issues, with about $1 billion worth of public construction projects hanging in the...

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Gonyea to build $1.25M homes in Eden Prairie

Pulte Homes, the company behind the Reeder Ridge development on the bluffs of the Minnesota River Valley, will allow Gonyea to build on 18 of the lots in the planned community.

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Twin Cities homebuilding permits slip in May

Twin Cities homebuilding activity cooled off in May, as builders pulled fewer permits for fewer new housing units in the metro area.

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Builders concerned about Met Council’s density targets

Twin Cities builders have reservations about the Metropolitan Council’s new regional framework and the minimum average density requirements for new development outlined in the plan.

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Improve transportation? Embrace density, Rybak says

The former Minneapolis mayor believes the Twin Cities will need to pack more people into existing spaces if people want to lower commute times.

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Reworking suburbia

A new report commissioned by the Metropolitan Council calls for “retrofitting” suburban areas to meet a forecasted market demand for walkable, amenity-rich neighborhoods.

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New multifamily units jump in June

Cities in the 13-county Twin Cities region have issued 414 permits for 1,247 new housing units in June, according to the Keystone Report.

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Minneapolis aims for new infill regulations

A boom of teardowns and the overbuilding of large-scale homes in a few south Minneapolis neighborhoods could change building regulations for residential infill projects citywide.

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Help wanted: Addressing the worker shortage in construction

Construction is now the fastest growing employment sector in the state and its year-over-year growth of 9.2 percent in May is nearly three times the national rate for the industry.

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Rainy June leads to slight dip in MN construction jobs

DEED said Thursday that the state’s construction industry lost 100 jobs last month.

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Builders OK with Minneapolis infill changes

Changes to regulations for new homes and infill construction in Minneapolis aimed at curbing homes that overshadow their neighbors may not affect the majority of builders.

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July planned housing units boom on rentals

The 13-county metro area issued permits for 1,005 planned housing units, up 44 percent from July 2013.

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Top Transactions: Allan Block president sells Edina home for $4.7 million

The sprawling five-bedroom, eight-bath, 12,864-square-foot brick home was built on the site of a former ramber style home purchased for $548,000 in 1995.

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Top Transactions: SouthWest Transit sells Chaska garage

A private local investor has paid $4.75 million for a vacant Chaska building once used as a SouthWest Transit bus garage and has wasted no time filling it with new tenants.

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In Eden Prairie, an eco-friendly neighborhood to break ground

The groundbreaking for "the state's first-ever green neighborhood" Eden Gardens project is planned for early September.

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‘Sobering’ month for homebuilders

Confidence in the local homebuilding market took a hit in August, as permits for new single-family houses declined 15 percent from a year ago and permits for new multifamily units were down 78 percent.

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