Minneapolis downtown recovery push aims to ease rising property taxes

Minneapolis is renewing its downtown recovery push as city leaders look to raise building values and ease pressure from rising property taxes.

From boosting jobs, cutting red tape, to launching new initiatives for those looking to expand and build in Minneapolis, some of these efforts are underway. The city is working to revamp millions of square feet of empty downtown office space as slumping building values place a bigger tax burden on residents.

The city recently launched what it calls In Minneapolis, which connects people directly to downtown property opportunities and is aimed at helping businesses grow, build, host, and invest in Minneapolis.

The city also said these changes are making the process of office-to-residential conversion projects take less time, such as the one unde...