{"id":89182,"date":"2025-01-31T06:45:11","date_gmt":"2025-01-31T12:45:11","guid":{"rendered":"https:\/\/www.shotinthedark.info\/wp\/?p=89182"},"modified":"2025-01-31T06:45:13","modified_gmt":"2025-01-31T12:45:13","slug":"short-on-the-delivery","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=89182","title":{"rendered":"Short On The Delivery"},"content":{"rendered":"\n<p>How it started:  Mayor Frey bleating &#8220;Minneapolis is <em>back<\/em>, baybee!&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Numbers don\u2019t lie: Minneapolis is worth investing in. In 2024, developers invested over $1.8 billion in construction projects, marking the 14th year in a row construction values topped $1 billion. And the best part? Half of the highest-value projects were for affordable housing! <a href=\"https:\/\/t.co\/qQRhO2ZIaj\">pic.twitter.com\/qQRhO2ZIaj<\/a><\/p>&mdash; Mayor Jacob Frey (@MayorFrey) <a href=\"https:\/\/twitter.com\/MayorFrey\/status\/1884346961244930098?ref_src=twsrc%5Etfw\">January 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>How it&#8217;s going:   Ameriprise Tower in Minneapolis sells for pennies on the dollar:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Biz Journal reporting that the Ameriprise tower has sold for $6.25M. <br><br>That&#39;s less than 3 cents on the dollar compared to the $200M sale price in 2016. <br><br>I think we&#39;ve hit the bottom of the market. <a href=\"https:\/\/t.co\/VV4QNg7lj5\">https:\/\/t.co\/VV4QNg7lj5<\/a><\/p>&mdash; Nick Halter (@nickhaltermpls) <a href=\"https:\/\/twitter.com\/nickhaltermpls\/status\/1885078219373568178?ref_src=twsrc%5Etfw\">January 30, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>That tower used to generate $2.5M <em>a year <\/em>in property taxes.\u00a0<\/p>\n<p>I don&#8217;t think the city&#8217;s spending has dropped 97%.\u00a0 That burden is all going to residential property owners.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How it started: Mayor Frey bleating &#8220;Minneapolis is back, baybee!&#8221; How it&#8217;s going: Ameriprise Tower in Minneapolis sells for pennies on the dollar: That tower used to generate $2.5M a year in property taxes.\u00a0 I don&#8217;t think the city&#8217;s spending has dropped 97%.\u00a0 That burden is all going to residential property owners.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-89182","post","type-post","status-publish","format-standard","hentry","category-minneapolis"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/89182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89182"}],"version-history":[{"count":1,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/89182\/revisions"}],"predecessor-version":[{"id":89183,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/89182\/revisions\/89183"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89182"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}