Waiting for the Next Wave — Part 1 When the economy comes back, where will Twin Cities developers pick up? Most likely, where they left off when the recession and downturn arrived. Here are six now-idled, high profiles sites in the Twin Cities that would appear to have better days ahead of them once credit...Read More
What’s the Catch? (Hint: There’s 2) Where: 31xx East Calhoun Parkway in South Minneapolis What: 5 BR/4 BA with 4,500 FSF on .29 acre lot How Much: originally listed for $925k on 9/21; just dropped to $825k yesterday Who: Broker – Edina Realty; Agent – James Keane Even in a soft market for upper bracket...Read More
Big Fish in a Little Pond?The first thing you notice isn’t the Bald Eagle, it’s the crowd of people all watching something. So, you stop, too, and pretty soon it’s apparent: a big, Bald Eagle sitting on Lake Calhoun’s Thomas Beach late yesterday afternoon. While infrequent, I’ve now seen a couple Bald Eagles on and...Read More
Exactly Where Are All Those $206k New Homes?? As [new home] sales rose, median prices . . . continued to fall, slipping to $206,200 from $232,100 in June a year ago. –Jack Healy, “New U.S. Home Sales Rise Sharply as Prices Fall“; The New York Times (7/27/09) The big financial headline today is an unexpected...Read More
High-End Trend?Wouldn’t it be nice to be able to let the furnace contractor in* without waiting for them to show up during their seemingly days-long “window”? Or, once they got there, if they could proceed directly to the utility room, without traipsing through your front hall (and past your messy Kitchen)? The (very high-end) new...Read More
Starbucks vs. Burger Jones One restaurant doesn’t exactly make a trend, but the new burger joint new Lake Calhoun — aptly named “Burger Jones” — appears to be embracing an anti-Starbucks marketing strategy. So, forget Starbucks’ “Tall,” “Venti,” and “Grande” for “Small,” “Medium,” and “Large” (or, is it the other way around?). If you order...Read More
