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Target formally submits plans for Brooklyn Park expansion

The Business Journal reports the Minneapolis-based retailer wants to construct two buildings on its Northern Campus by 2015. The 8-story buildings would create about 650,000 square-feet of office space.
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The Business Journal reports the Minneapolis-based retailer wants to construct two buildings on its Northern Campus by 2015. The 8-story buildings would create about 650,000 square-feet of office space.

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Target Corp. expanding its Brooklyn Park campus

The City of Brooklyn Park is releasing documents that show Target Corporation plans to build two new office buildings at its Brooklyn Park campus. The Business Journal reports the Minneapolis-based retailer has yet to formally announce the construction plans. Last month, Target said it was moving about 6,000 employees currently in downtown Minneapolis to the northern Twin Cities suburb.

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Finance and Commerce poses the question "Why does Target need Brooklyn Park’s money?" That's just the cost of doing business, according to state and local officials. The news site says critics of economic development incentives point to cases like this one when they say tax donations don't create jobs.

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The Valspar Corp., a maker of paints and industrial coatings, plans to spend $30 million to expand its research and development campus at its former headquarters building in downtown Minneapolis, the Pioneer Press reports. The project is expected to create up to 135 new full-time jobs over the next two-years. It will also add 87,000-square-feet of laboratory, meeting and office space. The expansion is scheduled to be finished by early 2014.

Target will move 3,900 workers from Minneapolis HQ to Brooklyn Park campus

The Star Tribune says the retailer has confirmed a plan to move about 2,400 tech workers and 1,500 contractors out of its downtown Minneapolis headquarters to its office complex in the north suburb over the next couple of years.

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