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Minot rent prices collapse

Rumors continue to abound in the Bakken about how the boom is over and the bust is here. Despite various pipeline projects in the works and approximately 900 wells awaiting completion, economic indicators such as rent prices are suggesting that although the Bakken might not be busted, the economic landscape of the region is beginning to return to normalcy, much ...

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Minot officials continue to review affordable housing option

MINOT, N.D. — Officials in Minot want more information regarding a proposed low-income housing complex before they approve the project. The Minot Daily News reports the proposed project would be located next to Erik Ramstad Middle School and would involve 35-unit and 39-unit apartment buildings. Developers want to kick off the project this summer. Officials with the Minot Planning Commission say ...

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Halliburton closing Minot facility, transferring many jobs

MINOT, N.D. — Houston-based oil field services company Halliburton is suspending operations at its facility in Minot and transferring many of the jobs there to locations in Williston and Dickinson. Spokeswoman Susie McMichael says the company will shut down the Minot facility on April 1 due to “changing business needs from its customers.” Halliburton isn’t saying how many of the ...

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Dakota Square Mall in Minot plans $6 million renovation

MINOT, N.D. — One of the largest shopping centers in North Dakota is planning a $6 million renovation. Dakota Square Mall in Minot has had some minor updates but no major revisions in its 35-year history, and “we are definitely overdue,” General Manager Chuck Massey said. “It will be from end to end.” The project will involve new flooring and ...

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Emergency responders in Minot area say they need more help

MINOT, N.D. — Minot-area emergency responders need more training and personnel to better protect their growing communities, members of local fire and law enforcement agencies told one of North Dakota’s U.S. senators. Agency heads aired their concerns with Sen. Heidi Heitkamp on Friday in Minot at a round-table meeting, the Minot Daily News reported. Emergency responders told Heitkamp that a ...

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Chance of spring flooding in Souris River Basin is low

MINOT, N.D. — A lack of snow in the Souris River Basin has officials optimistic as the spring flooding season nears. The potential for flooding in the north central North Dakota region is normal to well below normal, according to the National Weather Service. The three major reservoirs on the river in the U.S. and Canada also all have reached ...

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Minot officials to use $1.5M grant to buy ‘zombie homes’

manufactured home on truck

MINOT, N.D.  — City officials in Minot hope to use a $1.5 million grant from the state to buy some of the region’s derelict properties leftover from the 2011 Souris River flood and turn them into affordable houses. KXMC-TV in Minot reports the funding from the North Dakota Housing Finance Agency will go toward repurposing the estimated 250 so-called “zombie” homes ...

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Permits show post-flood building boom stabilizing in Minot

MINOT, N.D. — A building boom in Minot following the 2011 Souris River flood is leveling off. The city issued $182 million in building permits last year, down from $261 million in 2013. One of the reasons for the drop was that major projects including an airport terminal were permitted in 2013, City Building Inspector Mitch Flanagan told the Minot ...

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MDU Resources Group considering refinery in Minot

minot

MINOT, N.D. — MDU Resources Group is considering building an oil refinery in Minot. Spokesman Tim Rasmussen tells the Minot Daily News that construction could start as early as next year if a study determines the project is feasible. In related news, MDU to buy southwestern North Dakota wind farm. Bismarck-based MDU Resources Group is wrapping up construction of the $350 million ...

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