The repeated scenes of chaos, including a shooting near the Gay 90's club last week, is keeping restaurant tenants away from the district, an executive from Cassidy Turley tells the Business Journal. At least one business owner has left downtown completely.

The owners of Bootleggers, one of two nuisance nightclubs in downtown Minneapolis, have agreed to close by Oct. 1, according to the Star Tribune. Earlier this month, city officials threatened to revoke the liquor license of both Bootleggers and Envy because of violations and unpaid citations. The owners of Envy have until Aug. 27 to decide if it will voluntarily close.

A new parking survey from Colliers International shows the average rate in downtown Minneapolis is $13 per day, the Business Journal reports. That's up about 8 percent from last year, but the rate is still more than four dollars below the national average of $17.19.

“It’s kind of a fight to the death to see who can get the property before the next person,” said Dylan Garrison, a leasing agent for Downtown Resource Group, which rents out condos for owners who want to wait for better market conditions before selling.