Housing
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Twin Cities housing inventory hits 7-year high
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
Local
North Minneapolis house fire injures 3 firefighters, displaces 2 residents
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
Local
Court: Minneapolis skipped public housing inspections for decades
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
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HUD kept funding failing Heritage Park complex
The U.S. Department of Housing and Urban Development continued sending more than $1 million a year to subsidize the failing Heritage Park apartment complex in Minneapolis despite repeated failing inspections. FOX 9
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Elliot Park apartment fire injures firefighter, displaces four families
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
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AG settles with lender over illegal home-equity loans
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
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Rondo plan maps $260M land bridge, Univ. Ave super-block rebuild
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
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St. Paul begins Pig's Eye encampment sweep amid protests
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
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145-unit apartment project planned on Franklin Avenue
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
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Wells Fargo mortgage campus sold for 1,000-unit remake
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
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Senior housing plan revives Stone Arch riverfront fight
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
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Helix Apartments fire cause ruled undetermined; investigators say no arson evidence
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
Local
Owner of St. Paul Athletic Club enters bankruptcy
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
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Loring Park tenants report no hot water, filth at Brentwood
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
Local
New York investor buys 336-unit Burnsville complex
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
Local
Four plead guilty in $2.25M Medicaid housing fraud via Brilliant Minds
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
Local
After St. Paul leasing-office triple murder, property managers push safety and faster evictions
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
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UBS to abandon St. Paul tower, shift offices to Edina
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
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Twin Cities now 8th costliest U.S. metro to raise a child
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
Local
Twin Cities housing inventory, sales climb in June
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
Local
Minneapolis approves $2.5M emergency funds to relocate Heritage Park residents
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