We have a plan for Midway Stadium after the St. Paul Saints (independent; American Association) depart: the ballpark will be torn down next year and redeveloped by a company controlled by the Minnesota Twins ownership. United Properties, the real-estate firm controlled by the Pohlad family (which owns the Twins), will work with the St. Paul […]
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Twins, Pohlad company developing area west of Target Field
The area west of Target Field, already being developed as a transit hub, will also sport an amphitheater, retail, a parking ramp, public spaces and potentially a hotel under a deal struck by Hennepin County, the Minnesota Twins and United Properties. United Properties is a privately owned commercial real-estate development and investment firm owned by […]
Twins, Hennepin County planning major transit hub at Target Field
It’s billed as something comparable to Grand Central Terminal, as $79.3 million transit hub Target Field Station is set to open in 2014 next to Target Field, home of the Minnesota Twins. Target Field was designed with transit in mind; when the ballpark opened, the lone light-rail transit line in the Twin Cities, the Hiawatha […]
Development arrives at Target Field area
One of the lures for state funding of Target Field was the potential for development in the North Loop area of downtown Minneapolis. While Target Field has certainly revitalized the downtown bar scene, it’s now potentially fueling tens of millions in additional real-estate investment. Hines Interests had options on land surrounding the home of the […]