Just Sold: Cash-strapped J.C. Penney sells Ridgedale auto center
The deal closed July 23, the same day J.C. Penney sold the auto center next to its Southdale Center store in Edina for $4.2 million.
View ArticleMinnetonka crafts subsidy policy
The city’s Economic Development Advisory Commission is to weigh in soon on a proposed policy that would detail what types of projects should receive business subsidies.
View ArticleUnions: Ridgedale jobsite marred by unsafe conditions
Union members picketed the Ridgedale Center on Wednesday morning to protest what they say are unsafe conditions and substandard wages on a major expansion of the shopping mall.
View ArticleNordstrom picks up Ridgedale store property for $10
Seattle-based Nordstrom Inc. struck a deal with mall owner General Growth Properties Inc. for a parcel that Hennepin County values at nearly $7 million for tax purposes.
View ArticleMinnetonka ready to deny Ridgedale apartments
Critics say the project is too big and could have too many adverse impacts on traffic, but developers still hope they can reach a compromise.
View ArticleRidgedale rentals win city approval
After initial resistance, Paster Properties and Bader Development returned with a proposal that included reductions to the overall height, square footage and number of apartments in the project.
View ArticleJust Sold: Developers start work on $40M Ridgedale apartments
The redevelopment project on the 2-acre site is expected to add new construction to the retail area around Ridgedale Center, which is nearing completion on its own $50 million redevelopment.
View ArticleMinnetonka panel OKs United Properties’ senior project
United Properties wants to build senior housing near the Ridgedale Center shopping mall.
View ArticleRidgedale’s new bling brightens retail area in Minnetonka
The retailer has sparked more than $100 million in improvements
View ArticleBanks branching out to new uses near Ridgedale Center
“The real estate there really doesn’t get any better” for redevelopment opportunities
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