Weekly Business Roundup, 12/6 – 12/12

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Your business week, 12/6 – 12/12

Long live $15/hour: Minnesota Court blocks Minnesota Chamber’s attempt to halt raising the minimum wage.

  • Judge Susan Burke ruled that the Chamber couldn’t prove the ordinance to raise the Minneapolis minimum wage to $15/hour by 2022 (2024 for small businesses) which passed last June, was outside of the city’s authority, or that the population of the state would be hurt by the increase.

Minneapolis

Dayton’s Food Hall: Andrew Zimmern and partner are anchoring the Macy’s redevelopment on Nicollet Mall with an expansive food hall concept.

  • Working with Robert Montwaid, the creator and co-founder of Gansevoort Market in New York City, Zimmern will take over the basement and street-facing first floor for a 40,000-foot blend of “well-known food vendors, local treasures fresh food purveyors and food makers.”
  • Expect the latest hall, following Midtown Global Market, Market House Collaborative, and coming-in-2018 Keg & Case Market and Malcom Yards Market, in 2019.
  • Read more here: www.thedaytonsproject.com

Gener8tor, the company that invests in (startup) companies, now has a permanent home in Minneapolis.

  • A 3-year lease for 2,000 feet near Loring Park in Minneapolis, means that the company, which invests $140,000 three times a year in high-growth startups, will no longer be nomadic.
  • They formerly working out of the Uptown CoCo co-working space.

St. Paul

Former German actress turned St. Paul tastemaker leaves $5 million to the University of Minnesota languages department.

  • Hella Mears, who passed away last March, left the money to support the U of M’s German, Scandinavian and Dutch program.
  • She came to U.S. to marry inventor Norman Mears, for whom Mears Park in Lowertown is named, and then married U of M’s president of agriculture upon his death.

Metro

3M closing plant in Eagan.

  • The 150-person plant, which makes commercial air and refrigeration filtration products, is closing as 3M moves toward different uses for filtration.
  • Ten employees will be moved to the Maplewood campus. The rest will be laid off.

Beyond

Duluth is losing one of the few good restaurants it has: Northern Waters is shutting its doors.

  • Good news, though: The original location, a small storefront for quick bites and take-home, will remain open in the DeWitt-Seitz building.
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