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Welcome to the July 2006 edition of United Properties' Outlook Market Report!

 

Key findings in this report:

   

Boyd Stofer

President/CEO

United Properties

 

 

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Transportation System Funding to Create New Development ‘Hot Zones’ in Twin Cities

There are, as every Twin Cities resident knows, two real seasons in the metropolitan area: winter and road construction. Road construction season is about to become even more intense thanks to the record $1.2 billion that Minnesota is spending on transportation work this year, following last year’s then-record $1 billion worth of transportation spending. Given that a significant portion of the state transportation funding is targeted for the Twin Cities area, it’s worth taking a closer look at what this increase in spending could mean for the future of commercial development activity in the region. Read more

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