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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.

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Minnetonka 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.

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Unions: 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.

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Nordstrom 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.

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Minnetonka 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.

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Ridgedale 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.

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Just 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.

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Minnetonka panel OKs United Properties’ senior project

United Properties wants to build senior housing near the Ridgedale Center shopping mall.

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Ridgedale’s new bling brightens retail area in Minnetonka

The retailer has sparked more than $100 million in improvements

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Banks 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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