Twin Cities Named Nation's Most Distressed Commercial Real Estate Market — Report Raises Homeowner Tax Questions
Quick Hits
- A new report ranks the Twin Cities metro No. 1 in the nation for commercial property distress, and KSTP reports the fallout raises questions about whether the tax burden could shift to homeowners across the metro — including here in Golden Valley.
- The Hennepin County Medical Examiner's Office has formally identified those killed in this week's Hopkins and Burnsville tragedy, including 41-year-old Kristen Brown.
- Mendota Heights says early data shows its new speed camera — the first pilot of its kind in Minnesota — is already slowing drivers on a road with a long history of speeding complaints.
- Gov. Tim Walz has ordered flags to half-staff at all state buildings in Minnesota honoring Leslie Washington, an Alaska firefighter who died responding to the Ely wildfires.
- A busy sports night: the Vikings beat the Giants 13-10 in Kyler Murray's first game action since being named Minnesota's starting quarterback, the WNBA-leading Lynx won 92-87 in Las Vegas, and the Twins fell 9-1 to Philadelphia at home.
Minneapolis
- The Twin Cities has the nation's highest commercial property distress rate, according to a new report cited by KSTP — a designation the outlet notes could eventually shift more of the tax burden onto homeowners as commercial property values struggle.
- Two coffee shops reported break-ins overnight Thursday into Friday. Rick's Coffee Bar, a south Minneapolis shop that supports veterans through its sales, had a window broken and its cash stolen — a loss of about $800 — and KSTP reports Crema's Coffee was also hit the same night.
- Minneapolis police are investigating after a man damaged 34 vehicles across the city early Thursday, with officers first responding around 2 a.m.
- Two weekend shootings remain under investigation: a woman was injured in a Friday shooting on Bryant Avenue, and a man was found shot in a parking lot near Hennepin Avenue around 5:36 a.m. Saturday after what police described as an early-morning fight.
- Tracey Andrea Flex was sentenced to more than four years in prison after admitting she mixed methadone into twin toddlers' sippy cups; one of the children died of an overdose.
- On a brighter note, Porchfest filled south Minneapolis with music Saturday — organizers say more than 100 bands played across 30 porches. Meanwhile, hundreds of scooter riders rolled through the city Friday night in protest of Flock Safety cameras.
- Looking ahead: Minnesota Monthly's Fine Spirits Classic returns to Orchestra Hall on Aug. 20 with a lineup of local, national and international distillers.