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City struggling to preserve industrial property against condo demandThe Minneapolis condo boom has helped fuel a real estate renaissance in parts of the city that have been long neglected, but the price has been paid in a dramatic loss of industrial property—up to 30 percent by some estimates. And while the gradual whittling away of factory space may not concern upper-income condo buyers, it’s become a ticking time bomb for city officials, who worry that the city’s industrial base—and the good-paying jobs it provides—may be disappearing. MORE » Click the play button below to listen to this audio file in your browser. |


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