Mortenson Development News Today

The 510-stall structure at 415 N. Lake St. will close permanently, while the 542-stall Frances Street side of the garage at 430 N. Frances St. will remain open.

The city estimated the public piece of the construction would cost $49.3 million, but the sole bidder submitted a bid of $36.5 million.

Madison is experiencing a growth spurt.

Madison city officials recommended several development firms to revitalize the State Street Campus Garage. The redevelopment aims to tear down the current structure completely <span class="excerpt-more">...</span>

The 2022 RED Awards are the Academy Awards of Arizona’s commercial real estate industry and honor projects completed during 2021.

The frenetic activity in the Phoenix suburbs is one of the most visible signs of a nationwide recovery in commercial office real estate fueled by the tech industry.

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Gold Key – Guestroom Upper Midscale The Highlights: The property pays homage to the city’s history of craft, incorporating nods to the shapes and materials of its location. Quintessential Portland motifs are on display in subtle and exaggerated ways, including plaid patterns and a semi-hidden copper medallion in guestrooms that reads either “Boston, OR” or “Portland, OR,” referencing the penny flip that gave the city its name. Guestrooms are defined by subtle curves, wood and metal,...

Mortenson Development wants to build a seven-story apartment tower at the former Santorini Restaurant location in St. Louis Park, a now-vacant site once pegged