With price tags in the millions, Minneapolis tower s condos are hot commodity
With price tags in the millions, Minneapolis tower s condos are hot commodity An uptick in Minneapolis condo market is reflected in the popularity of a 42-story building that won t open for a year. April 21, 2021 12:51pm Text size Copy shortlink:
The developers of the 42-story Eleven on the River condo tower in downtown Minneapolis recently gathered to celebrate the topping off what is now the tallest and one of the most expensive residential buildings in the city. On average buyers will have to spend $1,000 per square foot or $3 million per unit to live in the building, which will be decked out with classic touches including paneled walls, marble counters and herringbone floors.
.
As President Joe Biden took the oath of office in Washington, another transition of power was underway 1,000 miles away in St. Paul. The changes in the Minnesota Capitol are more subtle: Democrats kept control of the House, while Republicans retained the Senate. But the new Minnesota Legislature includes the most diverse group of lawmakers in the state’s history and a new Hmong American majority whip in the House.
Since 2014, the number of legislators of color in the Minnesota Capitol has more than tripled, from eight to 25. That means people of color represent 12 percent of the Legislature, while people of color make up some 20 percent of the Minnesota population.