Kelly Busche (@KellyBusche) header
Kelly Busche (@KellyBusche) profile picture

Kelly Busche

@KellyBusche

Former senior reporter & broadcaster with @MSPBJnews | MN Newspaper Association’s New Journalist recipient, 2020 | opinions = mine

 Seattle, WA
bizjournals.com/twincities/
Joined June 2012
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215Media
Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)Photo by Kelly Busche (@KellyBusche)
EXCLUSIVE: UnitedHealth Group Inc.’s (NYSE: UNH) headquarters building in Minnetonka is on the market, either for sale or lease. In a statement, UnitedHealth said, "Minnesota remains our home." bizjournals.com/twincities/n…

Landlord lists UnitedHealth Group’s Minnetonka headquarters for sale or lease

In a statement, UnitedHealth said "Minnesota remains our home."

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The historic Minneapolis venue will begin welcoming guests to live shows in May. bizjournals.com/twincities/n…
Renovated Uptown Theater opening in May, announces lineup of events, concerts

Renovated Uptown Theater opening in May, announces lineup of events, concerts

The Uptown Theater will hold its first event May 5, with five public events on the schedule already.

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Big scoop from @KellyBusche on the difficult financial state of St. Cloud's biggest shopping mall.
Minneapolis/St.Paul Business Journal (@MSPBJnews) profile pictureMinneapolis/St.Paul Business Journal
@MSPBJnews27 Feb 2023
Brookfield Properties, the owner of Crossroads Center, faces a looming deadline to repay a more than $83 million mortgage balance on the shopping mall. bizjournals.com/twincities/n…
Filing says St. Cloud’s Crossroads Center owner in 'imminent default' on mortgage due in April

Filing says St. Cloud’s Crossroads Center owner in 'imminent default' on mortgage due in April

Crossroads Center has lost $115 million in its property value over the last decade, with a current valuation of $50 million as of late October.

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I visited multiple downtown Caribou Coffee locations today and talked to employees about planned closures. Some told me they were informed a few days ago that the shops where they work will close in March. bizjournals.com/twincities/n…
Caribou Coffee closing at least four downtown Minneapolis locations

Caribou Coffee closing at least four downtown Minneapolis locations

Caribou Coffee is significantly shrinking its footprint in downtown Minneapolis.

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Kelly Busche retweeted
Mark Reilly (@mspbjReilly) profile picture
Mark Reilly@mspbjReilly6 Feb 2023
In December, @briannarkelly and @KellyBusche asked, "What's up with all the half-built Amazon Fresh stores?" bizjournals.com/twincities/n… Amazon didn't comment about the apparent holdup then, but now they have via @MSPBJnews

Those Minnesota grocery stores that look like Amazon Fresh? Here's where they stand.

The list of suspected Amazon Fresh stores planned in the Twin Cities has grown since late 2020 — but none of them have opened their doors. Landlords and local officials say they're in the dark, too.

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Minneapolis/St.Paul Business Journal (@MSPBJnews) profile pictureMinneapolis/St.Paul Business Journal
@MSPBJnews6 Feb 2023
Amazon will pause its rollout of new Fresh stores as it seeks "differentiation and economic value that we like," its CEO said. There are at least a half-dozen potential Amazon Fresh locations in the works around the Twin Cities. bizjournals.com/twincities/n…
Amazon pauses Fresh grocery expansion as it tinkers with format

Amazon pauses Fresh grocery expansion as it tinkers with format

Amazon will pause its rollout of new Fresh stores as it seeks "differentiation and economic value that we like," its CEO said. There are at least a half-dozen potential Amazon Fresh locations in the...

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Two of the longest-standing retailers in downtown Minneapolis see safety and foot traffic, which impact sales, as the biggest issues facing stores. bizjournals.com/twincities/n…
Downtown Minneapolis is losing its retailers, but why?

Downtown Minneapolis is losing its retailers, but why?

Two of the longest-standing retailers see safety and traffic, which impacts sales, as the biggest issues facing stores. But what does the data say?

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Parking meter activity downtown has not quite rebounded from the pandemic, but some neighborhoods are much farther to recovery than others. bizjournals.com/twincities/n…
What Minneapolis parking meters show us about business recovery in downtown, North Loop

What Minneapolis parking meters show us about business recovery in downtown, North Loop

Parking meter activity downtown has not quite rebounded from the pandemic, but some neighborhoods are much farther to recovery than others.

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Marshalls plans to close its downtown Minneapolis store in mid-January, on the heels of Nordstrom Rack's exit. bizjournals.com/twincities/n…
Marshalls store to close in downtown Minneapolis' City Center

Marshalls store to close in downtown Minneapolis' City Center

A company spokesperson says the store — one of the last big apparel retailers in downtown — is expected to close Jan. 14.

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EXCLUSIVE: The first condos part of the Four Seasons Private Residences in downtown Minneapolis have sold (above $2M) while move-ins began just last week bizjournals.com/twincities/n…
First Four Seasons Private Residences in downtown Minneapolis sell above $2M, move-ins begin

First Four Seasons Private Residences in downtown Minneapolis sell above $2M, move-ins begin

Prices of the units start at $1.9 million for a one-bedroom condo, and a recent electronic certificates of sale from the Minnesota Department of Revenue show two condo purchases at around $2.1...

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Breaking scoop from @KellyBusche:
Minneapolis/St.Paul Business Journal (@MSPBJnews) profile pictureMinneapolis/St.Paul Business Journal
@MSPBJnews16 Sep 2022
The public course features 18 holes, some of which were designed by golf legends Arnold Palmer and Annika Sörenstam. bizjournals.com/twincities/n…
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NEW: @MSPBJnews spent months analyzing downtown Minneapolis office space post-pandemic. Bottom line? The need for less space is hurting building valuations & finances. This means buildings will produce less property tax revenue the city depends upon.🧵1/9 bizjournals.com/twincities/n…
Hybrid work hits downtown Minneapolis office towers hard

Hybrid work hits downtown Minneapolis office towers hard

The Covid-19 pandemic has drastically changed the commercial real estate industry in the Twin Cities. We take an in-depth look into 14 Minneapolis office buildings and how their combined market value...

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Newly released renderings of a proposed amphitheater near Canterbury Park in Shakopee shows a venue with elevated seats and a sprawling beer garden. bizjournals.com/twincities/n…
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The San Diego-based company opened in 27,500 square feet on the skyway level of 801 Marquette two years ago. On Wednesday, the coworking space was empty and CommonGrounds had removed the Minneapolis location from its website. bizjournals.com/twincities/n…
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The stretch of road is right outside of First Avenue, the nightclub that was a fixture throughout Prince's career. bizjournals.com/twincities/n…
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The owner wants to bring apartments and a major tenant with a grocery component to the shopping center. bizjournals.com/twincities/n…
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The Galleria in Edina has a new owner. bizjournals.com/twincities/n…
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John Thomas turned heads when he bought a 17-story St. Paul office tower a few years ago. Now, the Chicago man, who served more than three years in prison before becoming a Twin Cities real estate player, is being sued over his handling of that building. bizjournals.com/twincities/n…
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Canterbury Park plans to sell 40 acres of land near the Shakopee horse racing track to a developer that is looking to build one of the largest outdoor amphitheaters in the metro area. bizjournals.com/twincities/n…
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The @mndailynews team - past, present, and future - will be inducted into the Associated Collegiate Press Hall of Fame in October 2022 in Washington D.C. at the Fall National College Media Convention. I’m really grateful to be such a small part of such a great accomplishment.
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The co-owner of Seven Steakhouse & Sushi said Monday that the Minneapolis restaurant and nightclub will close its doors — maybe temporarily, maybe for good — in the face of declining downtown business. bizjournals.com/twincities/n…
Seven Steakhouse and Sushi co-owner says it's closing temporarily

Seven Steakhouse and Sushi co-owner says it's closing temporarily

"The elements for success simply are not available in downtown Minneapolis, and haven’t been for a long time," a co-owner said in a statement.

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