One of the Federal Reserve’s mandates is to boost employment opportunities using the agency’s power to raise or lower interest rates. The Federal Reserve Bank of Minneapolis is also taking a more direct approach. The Fed's year-old Office of Minority and Women Inclusion recently met with the Metropolitan Economic Development Association (MEDA) in Minneapolis to see about doing more business with local women and minority-owned businesses. MEDA, comprised of hundreds of such businesses, is in a unique position to spread the word and get more members bidding on Fed supply contracts. The Minneapolis Fed employs more than 900 workers and buys goods from hundreds of contractors and suppliers. Currently about 5 percent of those contracts go to firms owned by women and 18 percent go to businesses owned by people of color. The Fed wants to increase those numbers and expand its vendor pool in accordance with a White House initiative, said MEDA spokeswoman Jan Jordet. … [Read more...] about Federal Reserve Bank and MEDA look to broaden contract bidding for women and minorities
So far after 3 years, our beautiful TCF Bank Stadium has done little of that. It reported in the Star Tribune by Mike Kaszuba that The University of Minnesota has only sold 2000 of the 10,000 Gopher student football tickets http://www.startribune.com/sports/gophers/166352516.html. This quickly became a national story having stories from CBS Sports to The Big Lead, to many other media outlets. This is not the kind of press that the Gophers want to be known for going into their fourth season at TCF Bank. There was a lot of criticism brought to this story, since there could be a number of tickets purchased in the next few weeks, before the Sept. 8th home opener against New Hampshire. Jason LaFrenz, the Gophers assistant athletic director, said "Other than that first year in TCF Bank Stadium, we've traditionally sold the majority of our students tickets in the 10 days before the first home game," he said. "That's when we sell all of our … [Read more...] about Why Don’t The Students Like TCF Bank Stadium? Because The U Hasn’t Given Them a Reason To
"Build it and they will come” is how the University of Minnesota approached the building of TCF Bank stadium, clearly, the fans and students expect more…and it’s not just about winning more games, it’s about creating a lasting game day experience that fosters school pride, passion for the Gophers, and the creation of lifelong memories. So far after 3 years, our beautiful TCF Bank Stadium has done little of that." Nadine Babu is correct. TCF Bank Stadium is a failure. It's not just the Gopher's new football stadium that's a loser. It's stadiums in general, especially the 'build it and they will come' stadiums. The proponents, and the status quo of thinking, are typically accompanied by a handful of dead arguments. One of the most prominent being that of associated economic development. If we build it, the developers will come! Unfortunately this commonplace argument is based little in reality. In fact, based on the large subsidy and lost opportunity cost, … [Read more...] about Why is TCF Bank Stadium such a failure?
The ZITE app scrapes the web and assembles stories automatically - like Flipbook, without the sense that the pages never end and you’ll never read it all. You can scan articles, decide you want to read them later, shoot them to a read-it-later service, then ignore them until you delete them later. Anyway, the Minneapolis subhead was full of stores about the West Bank fire; here are a few. Downtown? I don’t consider the West Bank to be “downtown,” but maybe that’s just me. The highway is like a moat, or the Miss - it defines downtown, contains it. Decades ago when the streets behind Cedar Square West (oh, all right, Riverside Plaza) connected with downtown, it might be considered the outskirts, but now? Looks odd. But then there’s this: A “Minnesota” building. Well, better than “North American,” I suppose. From the Daily Mail in Northernmost Europe: Now it's a house. Finally, the Free Republic: Hint, hint, I guess. And it's not … [Read more...] about How the Internet covered the West Bank Fire
TCF Bank is the latest stadium in town to get the teardown treatment. The Gophers' Spring football game took place Saturday. Now the stadium's turf is being ripped out as part of $6.6 million in renovations for the NFL's Minnesota Vikings. The removal is expected to be complete by Friday. The Vikings no longer have a place to play because the Metrodome is gone. The site is now a giant hole and construction project for the team's new Multipurpose Stadium. The TCF turf is being replaced with a "hydronic heated field" for the Vikings in the 2014 and 2015 seasons. The new field "will ensure a safe playing surface" for the purple, according to the team's public relations crew. Other enhancements for the Vikings: Increased storage space throughout the stadium, heating in various areas, concession upgrades and temporary bleachers to accommodate 2,000 more fans. The total capacity at TCF Bank for the Vikings will be above 52,000. The Gophers' stadium was built for a fall … [Read more...] about TCF Bank Stadium getting torn up for Vikings’ renovations