Real estate development is about transforming land into lucrative assets. Companies in this sector in Minnesota focus on residential, commercial, and industrial developments, offering apartments, office blocks, shopping centers, and other buildings. They begin by acquiring land, scout for profitable opportunities, plan the project, and then delve into the actual construction. From affordable housing to luxury apartments, and from commercial buildings to industrial complexes, these companies cater to diverse demands. Looking ahead, with Minnesota's growing economy and population, the sector seems to entail immense possibilities.


Top 22 real estate development companies in Minnesota

1. Dominium

Dominium Apartments is a real estate development and property management company that specializes in affordable housing. They offer a wide range of apartments in various locations across the United States, including Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Minnesota, Mississippi, Missouri, Nebraska, Ohio, South Carolina, Tennessee, Texas, and Wisconsin.


2. Timberland Partners

Timberland Partners is a multifaceted real estate investment, property management, and development firm. They focus on creating a premier real estate experience for residents, providing exceptional service to investors, and offering opportunities for team members. With over 20,000 units in 17 states, their ongoing growth and success are a result of their skilled and integrity-driven mission.


3. Doran Properties Group

Doran Properties Group is a development company specializing in multifamily and commercial developments in the Twin Cities and Colorado. With a team of over 160 employees, they are involved in developing, leasing, building, and managing properties. The company has maintained a strong financial position and is focused on preserving its underlying strength and ensuring continued growth.


4. Doran Companies

Doran Companies is a real estate development and construction firm that specializes in creating innovative and high-quality properties. They offer comprehensive services, from development and design to construction and property management. With a skilled and dedicated team, Doran Companies brings visions to life and builds pride and value in real estate.


5. Roers Companies

Roers Companies is a commercial real estate development firm that focuses on developing and operating multifamily properties. They are passionate about enhancing communities and enriching lives through their high-quality properties. Roers Companies offers construction management services, property management, and general contracting. They work with high-net-worth individuals to fund new developments and provide competitive pay and benefits to their employees.


6. United Properties

United Properties is a commercial real estate company based in Edina, MN. They specialize in creating exciting office spaces and corporate campuses, working with best-in-class partners to meet the unique needs and expectations of each project. With a focus on speed, innovation, and adaptability, they develop properties that incorporate state-of-the-art logistics and energy efficiency. They also design attractive retail and mixed-use properties that balance community needs with client requirements.


7. Halverson and Blaiser Group, Ltd.

  • Website: hbgltd.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Founded: 1988
  • Headcount: 51-200
  • LinkedIn

HBG is a diversified real estate investment and management company based in Minnesota. With over 25 years of experience, we specialize in finding the right real estate solutions for our clients. Our portfolio includes approximately 4,000 quality and affordable apartments in the Twin Cities area. In addition to property management, we also offer services related to land acquisition and asset development.


8. Boisclair Corporation

Boisclair Corporation is a real estate investment and management company specializing in affordable housing for lower-income individuals and families. They develop and manage real estate properties through acquisitions, new construction, and rehabilitation. They offer a variety of housing choices, including affordable, luxury, senior apartments, and townhomes. Boisclair Corporation is committed to providing exemplary customer satisfaction and maximizing real estate asset values.


9. Space Center Inc.

Space Center, Inc. is a privately-held industrial development and investment company based in St. Paul, Minnesota. They specialize in owning and managing industrial real estate in major distribution markets.


10. Reuter Walton Commercial, LLC

Reuter Walton is a real estate development company based in Minnesota. With over 17 years of experience, they specialize in developing innovative and sustainable properties in the multi-family, student housing, hospitality, and commercial sectors. They have completed over 40 ground-up developments, totaling 4 million square feet and 4,750 units. Their award-winning team is dedicated to creating projects that break new ground and align with the unique needs and values of the communities they serve.


11. Schafer Richardson

  • Website: sr-re.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Founded: 1995
  • Headcount: 11-50
  • LinkedIn

Schafer Richardson is a real estate development company that offers a full-service real estate experience. They specialize in planning, developing, and strengthening communities through commercial and residential development.


12. Hillcrest Development, LLLP

Hillcrest Development, LLLP is a company specializing in renovation, adaptive reuse, and property development. They offer commercial real estate solutions and services, including office spaces, industrial buildings, and business parks. With a focus on improving properties and communities, Hillcrest Development aims to provide exceptional spaces for diverse tenants and contribute to the growth and development of the areas they work in.


13. Wellington Management, Inc.

Wellington Management is a real estate company based in St. Paul, MN that owns, manages, and develops commercial and residential properties in the Twin Cities metro area. They focus on making a long-term community impact through district planning and neighborhood relationships.


14. APPRO Development Inc. and CERRON Properties, LLC

approdevelopment.com is a real estate development and brokerage company, specializing in commercial properties. They offer leasing, buying, selling, and property management services for various types of properties. Their experienced team works closely with clients to establish building designs and firm construction costs, ensuring transparency through an open book policy.


15. The Terrace Group

The Terrace Group is a full-service commercial real estate company that provides investment, development, property management, and brokerage services to private investors, real estate owners, and businesses of all sizes.


16. Wallingford Properties Company

  • Website: wpcrealestate.com
  • Headquarters: Eden Prairie, Minnesota, United States
  • Founded: 1987
  • Headcount: 11-50

WPC Real Estate is a property management and development company that specializes in residential communities, industrial parks, and commercial retail centers.


17. Hempel Real Estate

Hempel is a commercial real estate firm specializing in new and adaptive re-use projects. With experience on every level of a real estate transaction, Hempel offers innovative problem-solving solutions to make lives better by making buildings better.


18. Ackerberg

  • Website: ackerberg.com
  • Headquarters: Minneapolis, Minnesota, United States
  • Founded: 1964
  • Headcount: 11-50
  • LinkedIn

Ackerberg is a commercial real estate company that focuses on providing best-in-class service and design. They develop, manage, and lease properties in various neighborhoods, creating inspired urban environments. Ackerberg is dedicated to creating spaces that both tenants and communities can be proud of.


19. Carlson Real Estate Company

  • Website: carlsonrealestate.biz
  • Headquarters: Plymouth, Minnesota, United States
  • Founded: 1985
  • Headcount: 51-200

Carlson Real Estate Company is a real estate firm providing comprehensive services for office, industrial, and commercial properties. They develop long-term client relationships through innovation and accommodating solutions.


20. Landmark Real Estate

Landmark Minnesota is a commercial and residential real estate brokerage team that provides expertise in buying, selling, and developing properties in Mankato, Minnesota and surrounding communities.


21. Tailwind Group, Inc.

Tailwind Group is a real estate development company that pursues and capitalizes on opportunities while adhering to its core values. They provide growth and opportunities to employees and communities, generating optimal returns for investors.


22. Prime General Contractors, LLC

Prime General Contractors LLC is a mid-size commercial general contractor based in Eagan, Minnesota. They offer full-service general contracting and specialize in new construction or complete renovations of office, retail, and investment properties. With a focus on value, trust, and long-term relationships, Prime General Contractors collaborates closely with clients to ensure successful project completion.


Want to find more real estate development companies?


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...and a lot more!