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.

After just seven-months, the Business Journal reports Howl at the Moon Minneapolis has shuttered its doors. The dueling piano bar was in direct competition with the nearby The Shout House. White paper now covers the windows and the sign has already been removed from the building.

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.

Nearly 150 bars, restaurants and a variety of other businesses have borrowed more than $2 million from a "forgivable" loan fund as they try to stay afloat during disruptive construction of the 11-mile Central Corridor Light Rail Transit line, the Pioneer Press reports. The line will connect the downtowns of Minneapolis and St. Paul by 2014.

“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.