Midwest City Scoop: Construction Starts in Minneapolis
Overall Construction Spending Expected to Rise Almost 4% This Year
Non-residential and residential work forecast to strengthen, while non-building activity will weaken slightly.
City Grill
Collin Barr
Regional President
Ryan Cos. US
“We see continued, I would say, moderate activity in corporate office or office construction, and more of it is renovation than new construction, actually. We see also continued activity with senior living,” Barr says. “We’ve actually seen an increase of activity in retail. It was pretty low, actually, the last several years, but we’ve seen a nice little increase as a number of retailers are kind of gaining confidence on their own expansion plans, and we’re actually doing some retail development. We are trying to get ahead of this growth, and it’s exceeded our expectations.”
Firm in Focus
Ryan Cos.
50 South 10th St., Ste. 300
Minneapolis CEO: Patrick Ryan
Employees: 1,250
Founded: 1938
What’s New: The 160,000-sq-ft, $151-million Krause Gateway Center in downtown Des Moines is the new headquarters for the Kum & Go Corp. It was designed by architect Renzo Piano.
