With $1B in projects, building is booming in Minneapolis

  • Article by: JANET MOORE , Star Tribune
  • Updated: December 4, 2012 - 9:57 AM

Fueled by urban-loving millennials and baby boomers downsizing their households, more than $1 billion of construction projects have been approved in Minneapolis.

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dtmonkeyboyDec. 3, 12 9:35 PM

Yup...Minneapolis is booming ...record building permits reord number of households, low vacancy rates...those Democrats sure are running the city down.

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ralph6767Dec. 3, 12 9:36 PM

And coming soon, the new Vikings stadium that will dwarf all of the projects in this article.

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liberaleliteDec. 3, 1210:47 PM

I love my city!

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erikj3Dec. 3, 1211:55 PM

There needs to be more affordable housing in Minneapolis.

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antisuburbsDec. 4, 1212:18 AM

"Another factor in the boom, Stenglein said, is the growing popularity of mass transit, including light-rail service" WHat's all this talk I hear about a choo-choo boondoggle that doesn't make any sense? yeah... That's what I thought...

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prplchumpDec. 4, 1212:25 AM

I can't wait until most of the baby boomers begin moving into rest homes. The best bet is for people to start investing in old folks homes so these baby boomers will have a place to talk about the "good old days" and how they were at woodstock and or how they remember when Bob Dylan went electric.

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mplschefDec. 4, 12 2:27 AM

It is good to see that Minneapolis is becoming more of a real city. So many people in the upper Midwest consider density a dirty word but it is the thing that allows for convenient walkable neighborhoods where you don't have to drive to everything.

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mplschefDec. 4, 12 2:36 AM

As far as affordable housing goes, purpose built affordable housing usually ends up becoming a ghetto. The best affordable housing is stuff that was built for the middle class but is now older and unfasionable. That used to be the brownstones in Uptown but those are gentrified, now it is the apartments from the '60s, '70s and '80s in the city. Eventually when those become popular it will be the ramblers and townhouses in the inner suburbs. As long as we keep building there will always be a supply of unfasionable 30 to 50 year old housing for poor people to live in. Eventually some of the luxury stuff being built now will probably be considered affordable housing.

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EleanoreDec. 4, 12 7:13 AM

"Fueled by urban-loving millennials and baby boomers ... "We definitely are pulling out of the recession faster than most," said Jeremy Hanson Willis, director of the city's Community Planning and Economic Development department." - Really? Or is it booming because of subsidies like tax credits, fee abatements, and other public giveaways? Government is not designed to be in the business of taking from one person to give to another who isn't in desperate need. Commercial subsidies in every form need to be criminalized more than they already are apperently, and a great start would be to disband every "economci development" office unethically subsiting on tax dollars in the state.

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EleanoreDec. 4, 12 7:15 AM

""Another factor in the boom, Stenglein said, is the growing popularity of mass transit, including light-rail service" - I'm not saying it's a bad thing, or should be done away with, but understand public transit is an amenity that is not a public imperitave. If a depression hits, it's ethically something that needs to be cut to cut spending and taxing.

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