Housing

Gunman Carlton Johnson II opened fire inside Loring Towers in downtown Minneapolis around 4:36 p.m. on Sept. 2, killing two residents and prompting officers to shoot and kill him. FOX 9

Brooklyn Center police say early-morning raids on Sept. 9 at several area hotels rescued 17 women and underage girls identified as human trafficking victims. FOX 9 Officers executing the operation made 28 arrests and seized seven firearms and about $43,494 in cash. FOX 9

Stearns Bank filed a foreclosure and receivership lawsuit Sept. 10 in Ramsey County seeking to seize Hmongtown Marketplace at 217 Como Ave. in St. Paul and to install a court-appointed receiver. Minneapolis / St. Paul Business Journal

Legacy Investing has formally abandoned plans to buy the Star Tribune's North Loop printing facility in Minneapolis and to build a 20-megawatt data center with mixed uses. Minneapolis / St. Paul Business Journal

Downtown Revival Trust acquired 375 Jackson Square and 135 Fifth St. E. in downtown St. Paul through a deed-in-lieu of foreclosure that closed Sept. 4, 2026. Business Journal

Mayor Jacob Frey has proposed an 11.3% property tax increase to close a Minneapolis budget gap of more than $60 million, a move that would raise the average homeowner's bill by over $400 a year. FOX 9

St. Paul has paused plans to clear remaining homeless encampments, City Council President Rebecca Noecker said Tuesday. FOX 9

The Minnesota Department of Natural Resources has leased about 125,000 rentable square feet at 10 River Park Plaza in downtown St. Paul for a new headquarters, with a move targeted for June 2027. Minneapolis / St. Paul Business Journal

The Minnesota Department of Corrections says the number of people leaving prison and becoming homeless has fallen 57% since 2021. FOX 9

Wells Fargo, acting as trustee for commercial mortgage investors, filed a foreclosure action Aug. 13, 2026 in Hennepin County District Court against affiliates of Workspace Property Trust. Minneapolis / St. Paul Business Journal

A judge has ordered Quadrel Realty Group to pay $750 a day for failing to carry out court-ordered repairs and rent credits at the Brentwood Apartments in Minneapolis. FOX 9

On Thursday, August 27, 2026, the Minneapolis Public Housing Authority Board voted to approve an additional $6 million investment in Heritage Park Apartments, pending approval from the city's Board of Estimate and Taxation. FOX 9

Saint Paul & Minnesota Foundation is committing up to $15 million to redevelop downtown St. Paul, using investment capital officials say could steer which projects get financed and tackle lingering office vacancies. Bizjournals

Minnesota's housing inventory hit a seven-year high in July 2026 as new listings and sales rose in the Twin Cities and across the state. FOX 9

Three Minneapolis firefighters were checked for minor injuries after crews responded just after 4 p.m. on August 17 to a house fire on the 1200 block of Russell Avenue North in north Minneapolis. FOX 9

A court found that Minneapolis failed to inspect any public housing units from 1992 through at least 2020, flouting a city rental-inspection ordinance and raising questions about tenant safety. FOX 9

A fire broke out just before 10 a.m. Saturday in a three-story apartment building on the 1000 block of Portland Avenue near Elliot Park, injuring a firefighter and displacing residents. FOX 9

Minnesota Attorney General settled with Unlock Partnership Solutions for $944,626 over unlawful home-equity loans and barred the company from lending in Minnesota without a mortgage license. FOX 9

St. Paul Planning Commission released the ReConnect Rondo Restorative Neighborhood Area Plan for public review on July 31, 2026, mapping a proposed I-94 land bridge estimated to cost about $260 million. Business Journal

City crews began clearing the Pig's Eye Park encampment around 8 a.m. on Wednesday, Aug. 5, with outreach teams on site helping residents pack and offering limited storage and shelter priority. FOX 9

A Minneapolis developer plans to demolish an office building on Franklin Avenue to build 145 apartments, converting commercial office space into multi-family housing along the corridor. Bizjournals

Novarum Development Partners bought the 25-acre former Wells Fargo Home Mortgage campus at 2701 Wells Fargo Way for $8 million cash and plans a more-than-1,000-unit redevelopment called Iconic Plaza. Minneapolis / St. Paul Business Journal

Developer Steve Minn proposed a five-story, 104-unit affordable senior housing building beside the Stone Arch Bridge at the east end of Main Street. FOX 9

Investigators have ruled the cause of the July 17 fire at the Helix Apartments in St. Louis Park "undetermined." FOX 9 They said they found no evidence of arson, improperly discarded smoking materials, or cooking or grill activity on the balcony. FOX 9

The landlord of the historic St. Paul Athletic Club building has filed for bankruptcy protection to restructure its debt, putting the downtown commercial property into court-supervised reorganization while it remains open. Bizjournals

Brentwood Apartments residents in the Loring Park neighborhood say they have no hot water and are finding human feces in hallways after a gas leak disabled stoves and laundry. FOX 9

Osso Capital, a New York private equity real estate firm, bought the 336-unit Twelve 501 Apartments in Burnsville, marking the firm's entry into the Minnesota market. Minneapolis / St. Paul Business Journal

Four men have pleaded guilty in Minnesota to a scheme that bilked Medicaid of about $2.25 million by billing housing services under the company name Brilliant Minds. Alphanews

Twin Cities property managers said Friday they are stepping up leasing-office safety measures and backing faster eviction tools after a triple homicide at a St. Paul apartment complex that left three leasing employees dead. Minneapolis / St. Paul Business Journal

UBS will leave its namesake UBS Plaza in downtown St. Paul when its lease expires in mid-2028 and consolidate Minnesota offices into new space in Edina. Minneapolis / St. Paul Business Journal

SmartAsset ranked the Minneapolis-St. Paul-Bloomington metro the eighth most expensive of 48 large U.S. metropolitan areas to raise a child in 2026. FOX 9

Housing inventory and home sales in the Twin Cities climbed in June 2026, with pending sales and new listings rising and statewide inventory hitting a seven-year high. FOX 9

On Thursday, July 16, 2026 the Minneapolis City Council voted to approve and set aside $2.5 million in emergency funds to relocate residents of the Heritage Park housing complex. FOX 9