Category Archives: Minneapolis

What trends are driving the Life Sciences in Minneapolis?

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Tight markets drive new real estate solutions

Minneapolis/St. Paul perspective: Although considered a secondary market on a national scale, Minneapolis boasts a very active Life Science community and competition for space is heightened. Decreasing vacancy rates are pushing companies to align real estate opportunities and space trends to attract and retain top talent in

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Daytime population increases dramatically in the CBDs: 6 times more workers than residents

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JLL Minneapolis – St. Paul Snapshots:
Daytime population increases dramatically in the CBDs: 6 times more workers than residents

  • It’s no surprise that there are more people moving through the skyways and sidewalks in downtown Minneapolis and St. Paul during weekday work hours. Collectively, the CBD daytime populations increase by nearly 200,000 people every Monday through
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Categories: Minneapolis, Minnesota.

Minneapolis-St. Paul is densifying faster than the rest of the nation; #3 among all large metros

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JLL Minneapolis – St. Paul Snapshots:
Minneapolis-St. Paul is densifying faster than the rest of the nation; #3 among all large metros

Change in average neighborhood density, 2010 to 2016

Change in average neighborhood density, 2010 to 2016

  • Since 2010, average neighborhood density rose in only 10 of the nation’s 51 metro areas that have a
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Latest decade sees largest Minneapolis population gain since 1920’s

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JLL Minneapolis – St. Paul Snapshots:
Latest decade sees largest Minneapolis population gain since 1920’s

Minneapolis population gain

• The Metropolitan Council’s latest population estimates placed 37,374 new residents in Minneapolis since 2010; on pace to reach 450,000 new residents by 2020.

• This number translates to nearly a ten percent increase population over and the greatest inflow… Read More

Categories: Minneapolis, Minnesota.

Turning points in market dynamics will provide law firms with enhanced opportunity ahead

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JLL’s Law Firm Outlook Highlights | 2016 The U.S. economy remains the anomaly among mature and emerging markets in its relative stability despite global economic uncertainty.

The domestic economy has weathered a number of potential shocks throughout the first half of 2016. However, year-to-date growth in GDP, jobs and other economic indicators have been less consistent than in 2014 and 2015, with employment gains varying increasingly on a monthly basis and inflation stubbornly… Read More

Minneapolis-St. Paul’s manufacturing sector continues to see Y-O-Y job gains

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JLL Minneapolis – St. Paul Snapshots:
Minneapolis-St. Paul’s manufacturing sector continues to see Y-O-Y job gains

Manufacturing Employment

• According to the most recent BLS estimates, manufacturing employment in the Minneapolis-St.
Paul metro has grown 2.1% since March 2016. The region has seen positive year-over-year
(YO-Y) job gains every month since 2010. March employment numbers in the manufacturing
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Western suburbs subject to worst commute increases by 2030

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JLL Minneapolis – St. Paul Snapshots:
Western suburbs subject to worst commute increases by 2030

Minneapolis AM Commute Projection

•Overall the Minneapolis metro has it pretty good when it comes to morning commutes. We avoided MSN’s ‘50 Worst Commutes in America’ list, however all growth comes with its share of growing pains.
•According to the Metropolitan Council,… Read More