Barker and Hedges Real Estate Blog

Minnesota Ranks in the Top Ten for Business in the Country

According to Forbes magazine's 2014 top ten list for 'Best and Worst States for Business', Minnesota ranks in the top ten coming in at #9. Last year, the state also cracked the top ten clocking in at #8.

The magazine ranked the states based on a total of 36 factors, like quality of life, labor supply and economic climate (not the actual climate, which is harsh at the moment). The state also has the fourth highest percentage of adults with a high school diploma at 92.4%. Another huge factor in the ranking was the $312 billion gross revenue for the state in 2013. 

The metro has a healthy arena for business as many major corporations have called the state of Minnesota home. Those corportations include: Best Buy, General Mills, 3M, Target, US Bancorp, and Medtronic. With these hugh employers helping to flood the job market with not only jobs, but careers, it's no wonder why Minnesota has such a high ranking. 

Minnesota has long been regarded as a great place for business (hence all the big corporations calling the state home), and this latest ranking proves just that. 

Photo by: Matthew Deery 

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Mall of America Getting 'Super' for 2018

With the 2018 Super Bowl calling the Twin Cities home, it comes as little surprise that the state is looking to make itself as attractive as possible to a world audience. With the Vikings getting a new stadium and the addition of more light rail, the state is quickly looking to ready itself for the worldwide event.

Though unrelated to the Super Bowl taking place in Minneapolis, the Mall of America is also expanding, by a whole lot. If you thought the MOA was huge before, can you imagine it being twice as big? The next ten years will make that a reality. Yes, that’s right, the MOA will be double its current size in just over ten years.

The MOA is planning on expanding the mall in phases, with the first phase adding another hotel, another sizable atrium, more dining options and retail space, an office building and underground parking.

This already unbelievable mall will now be even more attractive to visitors of all varieties. Sure, MOA is adding more shopping and dining, but imagine having your office on site? Business meetings could take place at all sorts of different locations on site – plus, factor in the proximity to the airport and this new office complex is sure to be attractive to all types of businesses.

With the Super Bowl on its way, many visitors will be able to enjoy the Mall of America getting a super sized face-lift.  

Image courtesy of: DLR Group 

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