purchase

St. Paul developer plans purchase of Victoria Crossing East Mall, former Billy’s site, for redevelopment

A St. Paul developer has plans to redevelop half a block of real estate on the north side of Grand Avenue, likely replacing the mall at Victoria and Grand, the previous Billy’s on Grand restaurant and a residential property...

Employees on the Iron Range wary of purchase of U.S. Steel by Japanese company

Welcome to the Glean, MinnPost’s twice-daily roundup of Minnesota news. Reuters reports Nippon Steel, a Japanese company, has acquired U.S. Steel in a $14.9 billion deal. Duluth News Tribune reports people on the Iron Range employed by U.S. Steel are...

Billionaire’s purchase, demolition of seven homes on Park Point raising concerns amongst residents

Welcome to the Glean, MinnPost’s twice-daily roundup of Minnesota news. Inforum’s Jimmy Lovrien reports billionaire Kathy Cargill has bought and demolished seven homes on Park Point in Duluth over the past 12 months.  Lovrien writes the purchases are above market...

Catholic group that wanted Wilder Forest now plans to buy Wisconsin resort

After working for greater than a 12 months on an unsuccessful bid to purchase land and construct a Catholic summer youth camp within the Wilder Forest in northern Washington County, the Minnesota Catholic Youth Partnership is popping its sights...

St. Paul to buy first fully-electric fire truck in state

St. Paul will likely be the primary fire department in Minnesota with a fully-electric fire truck, the mayor and fire chief announced Wednesday. Rosenbauer, a design and manufacturing company, has began the construct process for St. Paul’s truck and delivery...

St. Paul nonprofit completes purchase of surplus Duluth Harbor lighthouse

DULUTH, Minn. — A historic 43-foot-tall lighthouse at the doorway to the Duluth Ship Canal has a brand new owner. Rethos, a St. Paul-based historic preservation nonprofit, was awarded the Duluth Harbor North Pierhead Light by the National Park Service...

UMN pitches purchase of Fairview hospital as condition of Sanford merger

The University of Minnesota, Fairview Health Services and Sanford Health are willing to transfer ownership of Fairview’s teaching hospital back to the university as a way to help clear the way in which for a Fairview-Sanford merger. All three parties...

St. Paul accepting offers to buy, develop vacant lot on Greater East Side

After sitting vacant for nearly twenty years, the previous site of a bowling alley and convention center on the East Side of St. Paul may finally be developed. The St. Paul Housing and Redevelopment Authority is looking for offers for...

Regulators approve U.S. Bank’s $8B purchase of Union Bank

NEW YORK (AP) — Key financial regulators on Friday approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise, clearing big regulatory hurdles for a deal that can push U.S. Bank closer to the dimensions...
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St. Paul prevails in legal fight to raze, replace historic Hamline-Midway Library

Following 16 months of litigation, a Ramsey County district judge has given the town of St. Paul the go-ahead...
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St. Paul-based Securian Financial lays off 58 employees across departments

Securian Financial has notified 58 employees — roughly 2% of its total workforce — that their roles with the corporate are being eliminated in...

U.S. Rep. Betty McCollum seeks thirteenth term in rematch with May Lor Xiong in 4th District

Longtime St. Paul Democratic U.S. Rep. Betty McCollum is in search of one other term in Minnesota’s Fourth Congressional District and again faces May...

Believed to have been the oldest working nurse in Minnesota, Joyce Gimmestad retired at 88. She reflects on 7 many years in healthcare

Joyce Gimmestad hoped to succeed in 90 before retiring from being a nurse. Still, she retired on June 22, at 88, attributable to a...

Family of 83-year-old St. Paul man killed in hit-and-run: ‘We’ll forgive you. … Please turn yourself in’

For 30 years, John Bidon took each day runs around Lake Phalen near his St. Paul home. He’d stretch it out to 5 miles...