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Target Corporation is the latest company to flee downtown Minneapolis. Citing the "need for less space," the violence that has engulfed Minneapolis after the death of George Floyd and the de-funding of the police were not mentioned in an e-mail sent to the employees about the decision on Thursday. F
Minneapolis City Council passes rule for hotels, event centers to recall laid-off workers Council passes ordinance aimed at protection for those who lost work during the pandemic. March 12, 2021 — 2:03pm Text size Copy shortlink: The Minneapolis City Council unanimously passed an ordinance on Friday that will require large hotel and event centers in the city to first recall their former workers who lost their jobs in the past year during the pandemic before hiring others. Cities such as Baltimore, Los Angeles and Philadelphia ha...
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...
Copy shortlink: There are no boards covering the windows of Kevin Ni's sushi restaurant on Nicollet Mall. Not for now, at least. While some of his downtown Minneapolis business neighbors are considering tacking protective plywood to their storefronts and sending staff home in anticipation of protests when former police officer Derek Chauvin stands trial for murder and manslaughter, Ni is planning to stay open as long as he safely can: "Hopefully there won't be riots again. I'm hoping people will calm down and do what they've got to do without damaging others. … To bo...
Downtown Minneapolis businesses take another blow as Target delays workersâ return to headquarters article The new delay means Target's 8,500 workers won't bring their daily business downtown for at least another half year. (FOX 9) MINNEAPOLIS (FOX 9) - Target is again postponing a return to its downtown Minneapolis headquarters, leaving most of the roughly 8,500 employees working from home. Those workers were set to return this spring or summer, and it was something many surrounding businesses were counting on. Now, they can only hope they can hold on without the revenue source. Downt...