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Ike’s plans Minnetonka debut in April

You’ve probably heard this story before, but there’s a new restaurant opening at the intersection of Highways 101 and 7 in Minnetonka.

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Stocks edge up but global worries linger

Stocks eked out a small gain at the end of a rough week in which the market was weighed down by prospects of a global economic slowdown.

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Developer buys sites for West End apartments

A Florida developer has closed on a $4.85 million land deal to build 158 market-rate apartments in the West End mixed-use development in St. Louis Park.

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Twin Cities land sales stage a comeback

Year-to-date through August, Real Capital Analytics has noted more than 20 land sales that are earmarked for commercial or multifamily development projects.

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National restaurant chains expand in Alaska

Major chains are rushing into Alaska, where it was once too costly and the logistics too daunting to open a restaurant.

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Darden plan may hinder real estate deal, activist says

Darden Restaurants Inc.’s plan to split off Red Lobster could prevent the company from unlocking the $4 billion of value trapped in its real estate holdings.

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Darden to sell Red Lobster, hold onto Olive Garden

Darden is setting Red Lobster adrift, but betting that it can still turn around Olive Garden’s fortunes.

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Darden restaurants to break off its real estate in REIT deal

Darden Restaurants Inc.will split off about 430 properties and transfer them to a real estate investment trust.

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