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Continued: What will Wells Fargo towers do to the downtown real estate market?

  • Article by: JENNIFER BJORHUS , Star Tribune
  • Last update: December 20, 2013 - 1:06 PM

Chuck Lutz, dep­u­ty di­rec­tor of the city of Minneapolis Community Planning and Economic Development, said he’s heard a range of possi­bili­ties, in­clud­ing shift­ing work­ers to Minneapolis from Charlotte, N.C.

“They’re not talk­ing,” Lutz said of the bank. “I wish I knew more, just like ev­er­y­bod­y else.”

Jen­ni­fer Bjorhus • 612-673-4683

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    The San Francisco-based financial giant said that 5,000 employees will occupy 1.1 million square feet in two 17-story office towers slated for largely vacant land near the Metrodome.

  • Ryan Companies proposes a $400 million redevelopment of five blocks now dominated by surface parking lots between the downtown central business district and the new Vikings stadium. This revised rendering includes an apartment building on the west end of the park space.

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