Business News & Updates

A Statement from The City of Minneapolis: Resources for Immigrants
The City of Minneapolis works to connect neighbors and residents with services and opportunities so that everyone – including those born outside of the United States – feels a sense of belonging and can achieve their highest potential. This is and will remain The City of Minneapolis’ goal and commitment.

City of Minneapolis awards $50,000 for Lake Street marketing, placemaking, and business support
We are happy to share that the city recently awarded $50,000 to the Lake Street Council. This funding will support several marketing and placemaking programs.

Lake & Lyndale B Line Construction
Preparation work for temporary traffic signals at Lake & Lyndale starts the week of January 15, 2024 for the Metro Transit B Line Project

Lake Street Council Office Closed 12/25/23 - 1/1/24
Lake Street Council will be closed from December 25, 2023 - January 1, 2024. Staff will begin to return on January 2, 2024.

Historic Settlement to Offer Compensation to Many Lake Street Businesses
Did your business accept Visa or Mastercard credit and/or debit cards between January 1, 2004 and January 25, 2019? If so, it may be able to claim compensation in the Payment Card Settlement—a record-breaking $5.5 billion settlement that resolved claims that Visa and Mastercard unlawfully inflated merchant fees.

ChamberHealth
The Minnesota Chamber of Commerce is excited to announce ChamberHealth, a new health insurance program that features a variety of affordable benefit offerings to help businesses contain costs, improve satisfaction, and enable a healthier and more productive workforce.

CEO Now Cohort
CEO Now is a new cohort offered through Hennepin County. The program offers cohort-based executive education to help established, growth-minded business owners and founders with employees build and strengthen systems to keep growing. They are currently recruiting for the next cohort set to begin in October.

Minimum Wage Raised to $14.50 on July 1st
At smaller employers - with 100 or fewer employees - in Minneapolis, the minimum wage went up on July 1, 2023 to $14.50.

B Line - East Lake Construction 2023
Overview of construction on East Lake Street this summer including installation of new stations for the B Line, a Bus Rapid Transit line and at 4-to-3 conversion.

Meet R.E.A.C.H. Twin Cities
Meet R.E.A.C.H. Twin Cities, Powderhorn Neighborhood Association’s source for local events, news, resources, and features related to racial equity and community health