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Stock impact report

Minneapolis may lose one of its skyscrapers. Should we mourn or rejoice? [Yahoo! Finance]

Ameriprise Financial, Inc. (AMP) 
Last ameriprise financial, inc. earnings: 1/29 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.ameriprise.com
Company Research Source: Yahoo! Finance
The n ews website Axios had an alarming story recently: Vacancy rates in downtown Minneapolis may result in the demolition of an office tower, the Ameriprise Financial Center (707 2nd Av. ), just 24 years old. The building's owner, the GHR Foundation, hasn't directly said they're going to tear down the 31-story building. Spokesperson Tara Kaushik said the foundation "is evaluating options for the building after the tenant's lease expires in October 2025. GHR Foundation has the goal of an outcome that balances what is best for the community, the Foundation, and the building." But once Ameriprise consolidates its downtown offices in a building a few blocks away, the company's former headquarters will be empty. Consider the structure that could be imperiled. The Ameriprise tower is a box intersected by a semicircular wedge. It's an agreeable building — not showy or self-consciously peculiar. The hue of the marble exterior is a bit dated. Its skyway connections poke through a two-s Show less Read more
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