By Nancy Crotti Met Council awards $15.4M to 17 projects The dream of a walkable, arts-centered cultural district with a mix of housing, retail and commercial uses in Minneapolis’ Prospect Park is one step closer to fruition. The Metropolitan Council on Wednesday awarded the city of Minneapolis a grant of $2.7 million to jump-start the [...]
With reducing energy consumption being a top priority for responsible developers, it can be difficult to evaluate other important qualities of a product without conducting your own testing (which is an option too; I still have a water-saving shower head in my shower that I was testing for a development 3 years ago). But, most [...]
Solar PV (photovoltaic) electricity is rapidly becoming a more affordable option for buildings’ and communities’ clean energy needs. Scalable in that it can be used anywhere from small houses to large-scale power plants, solar PV now employs over 100,000 Americans, more than the coal industry. In fact, solar power creates the most jobs per megawatt [...]
How can we get real estate developers, city officials, planners, architects, and artists to all come together in the same room? This is an idea Colleen Carey has been pondering for years. Carey organizes a networking / think-tank group called GeoEcoLab to bring together various stakeholders in the development industry to work towards community redevelopment [...]
From: Finance & Commerce By: Anne Bretts The Richfield-based Cornerstone Group closed Nov. 21 on the $3 million site acquisition of the former Lyndale Garden Center at 6400 Lyndale Ave. S. in Richfield. Developer Colleen Carey of Cornerstone has unveiled the details of her plan to work with local artists and the community to design [...]
The Cornerstone Group is now one step closer to creating its vision of a great town center for Richfield at the former Lyndale Garden Center site. With assistance from the City of Richfield, Hennepin County, the Metropolitan Council, Local Initiatives Support Corporation, and the Family Housing Fund, TCG has purchased the site at 6400 Lyndale [...]
From: Finance & Commerce By: Burl Gilyard Developer Colleen Carey of the Richfield-based Cornerstone Group is preparing to buy the former Lyndale Garden Center for a mixed-use redevelopment. The site at 6400 Lyndale Ave. S. in Richfield has been vacant for five years. “We are closing on Monday,” Carey said. “We’re really excited about the [...]
With so many buildings LEED certified, you may be asking yourself, where does this all lead to (no pun intended)? The next wave of green buildings will be the tipping point for sustainability in our cities, the culmination of years of integrating smaller sustainability measures and now envisioning a holistic system for an entire site [...]
On Tuesday, Greenbiz.com released its “The State and Impacts of Green Buildings” report, with encouraging results for the green building industry. Rob Watson, Senior Contributor for Greenbiz.com emphasizes that “green value is becoming statistically significant. If you’re not making money with a green building, you need a new marketing department. If your green building is [...]
This post, A Fresh Vision for Richfield: Redeveloping the Lyndale Garden Center Site, was featured on the University of St. Thomas Real Estate Matters Blog. When it comes to development, Colleen Carey, President of The Cornerstone Group, doesn’t believe in just razing one property to replace it with a run-of-the-mill mixed use concept. Rather, her [...]
