Bloomington-based Nath Cos. has an aggressive 10-year vision to have 5,000 hotel rooms and 5,000 apartment units. These asset classes are based on the ease of managing hotels and the theory with apartments that everyone needs a roof over their heads.
Click here to view a recent article featured in the Minneapolis-St. Paul Business Journal that discusses the plans Nath Cos. has for its future growth.
The Rand Tower, an art deco office building in downtown Minneapolis, will be converted into a Tribute by Marriott hotel, the first for that brand in Minnesota. The project is scheduled for completion in December 2020.
Click here to read the full article featured in the Star Tribune.
Bobby Atkinson, who was active in Twin Cities real estate until shifting gears to launch a TV network a dozen years ago, has returned to the industry and purchased 123 acres of land and the Oak Ridge Conference Center in Chaska from Ameriprise Financial.
Click here to read the full article featured in the Minneapolis/St. Paul Business Journal.
Redevelopment of the former Pentagon Office Park in Edina is underway. The $150 million project will feature 12,000 square feet of retail, two hotels, a parking ramp and a speculative office building.
Click here for the recent article featured in the Minneapolis/St. Paul Business Journal.
Kraus-Anderson Construction has finished construction on Ironclad, a $100 million mixed-use development project at Chicago and Washington Avenues in the historic Mills District near U.S. Bank Stadium in downtown Minneapolis.
Owned and developed by Kharabunda Management, the 418,864-square-foot project adds new housing, hospitality and retail to the East Town district and the Downtown East Neighborhood.
Click here to read the full article featured in RE Journals.
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