The formula that determines how much state money the project receives requires about $6 billion more in private investments for the project to get the full state match, according to an opinion the Minnesota Attorney General’s office.Read More »
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The principal designer for Rochester's Destination Medical Center proposes five districts for development, each with inspirations from landmarks in places like New York, Barcelona and Berlin.
Tagged with: bonding Destination Medical Center DMC EE&K Gonda Building Mayo Clinic Minnesota Biobusiness Center Peter Cavaluzzi Rochester Translational Cloud University of Minnesota’s School of ArchitectureRead More »
Rep. Tim Mahoney faces an uphill battle with a pitch for a federal tax on business incentives.
Tagged with: Art Rolnick DEED Destination Medical Center Emerson Process Management Federal Reserve Bank of Minneapolis House Jobs and Economic Development Finance and Policy Committee Humphrey School of Public Affairs Mayo Clinic Metropolitan Airports Commission Minnesota Department of Employment and Economic Develop Shutterfly Stinson Leonard Street Vikings StadiumRead More »
Minnesota’s distinctiveness as a home to innovation and invention is a favorite theme for those in the business of marketing our state to potential employers and investors.Read More »
Dayton on Tuesday appointed his chief of staff, Tina Smith, to serve on the board, along with retiring Minneapolis Mayor R.T. Rybak, retired Wells Fargo executive James Campbell and Susan Rani, president of Rani Engineering. The Mayo Clinic has also appointed Bill George, a member of the clinic's board of trustees and a former CEO of Medtronic, to the board.Read More »
Prospects for the proposed Elk Run biobusiness park in Pine Island have reached the point where it is no longer a question of when the development will happen — but whether it will ever happen.
Tagged with: Abraham Algadi biobusiness CJ Auto Sales Destination Medical Center Elk Run IBM Jayne Krause jobs Mayo Clinic Minnesota Department of Transportation MnDOT Pine Island City Council Rod Steele Scott Hoss Terry Ward Tower Investments Transportation Economic Development Program Worthington Regional Economic Development Corp.Read More »
The successful effort to legalize gay marriage in Minnesota this session also turned out to be one of the most expensive lobbying efforts in 2013, with advocates and opponents spending nearly $2 million to try an influence legislators votes on the issue.
Tagged with: AFSCME Council 5 Chris Rager Coaltion of Minnesota Businesses Education Minnesota Mayo Clinic Minnesota Business Partnership Minnesota Chamber of Commerce Minnesota for Marriage minnesotans united for all families NRA SEIU Healthcare MinnesotaRead More »
The omnibus tax bill passed by the House and Senate in the final 24 hours of the legislative session contains $2.1 billion in additional revenues. That much is easy to decipher. But within that broad outline there are inter-connecting rate hikes, credits, exemptions and expenditures that will take days or weeks to fully unpack.Read More »