Commercial Property Owners Hit by Property Tax Increases
“Property Taxes: Commercial owners nicked for state budget deal” by Mark Anderson, Finance & Commerce. Read full article here. Commercial property tax increases and the flat economy are hampering development and business investment, developer Kelly Doran says. Increases have pushed real estate taxes up to $13 to $15 per square foot on his retail properties, [...]
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A Place To Call Home
“A Place to call home” by Don Jacobson, Star Tribune. Read the full article here. Kelly Doran has shifted his focus to Multi Housing from retail in recent years. His latest project is the 412 Lofts at the U of M campus in Dinky Town. As Doran says, “In the Minneapolis–St Paul market there’s a [...]
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Doran Companies Continues UofM Apartment Growth
“Doran pitches another 175+ apartments near U of M” by Burl Gilyard, Finance & Commerce. Read the full article here. Another new Doran residential project is in planning stages for the University of Minnesota’s Twin Cities campus. The new currently unnamed project is located just off Interstate 35W at the intersection of University Avenue and [...]
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Doran to develop Mill & Main Luxury apartments
“Doran to develop upscale apartments at Pillsbury site” by Burl Gilyard, Finance & Commerce. Read the full article here. After a storied career in retail real estate development, Doran Companies principal proved agile when the market turned against commercial strip centers and he moved into premier student housing at the University of Minnesota. Now, for [...]
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Pillsbury A Mill gets Another Chance
“Another Chance for Pillsbury A Mill” by Jennifer Bjorhus, Star Tribune. Read the full article here. One of the most exciting living destinations in Minneapolis is about to be expanded with the help of a proposed development by Doran Companies. The historic and much beloved Pillsbury A Mill and the adjacent site are the subject [...]
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