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The Problem with Prophets | Twin Cities Business - Vimarsana News

The Problem with Prophets | Twin Cities Business

In the last year, I’ve edited and read more copy than a person should that foresaw the end of the office, a permanent change in all work. And boy, it sure made people sound wise to forecast it. On days when I’m alone in my North Loop office, I do sorta scratch my head and wonder. Target’s announcement that it was dropping a third of its space downtown—rendering the Multifoods Tower not just an eyesore, but an empty eyesore—gave further pause. Target (where my wife works) has not cut downtown staffing by a third, but is anticipating a substantially smaller cohort of red polos popula...

Source: tcbmag.com
Schafer: There's value in offices, even if Target says it's declining - Vimarsana News

Schafer: There's value in offices, even if Target says it's declining

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Target Ending Operations at City Center | Twin Cities Business - Vimarsana News

Target Ending Operations at City Center | Twin Cities Business

Target has been a tenant in the City Center building since 1983. Loop Net listing Target Ending Operations at City Center The retailer’s headquarters will remain in downtown Minneapolis, and the company will still own and lease more than 3 million square feet of office space in the Twin Cities Minneapolis-based Fortune 500 retailer Target Corp. is ending its operations at the City Center complex in downtown Minneapolis. Boom. The unexpected news is arguably comparable to a bomb going off in the downtown Minneapolis office market. Target leases 985,000 square feet...

Source: tcbmag.com