The Minneapolis journal., 1904-12-31
SUBSTANTIAL CONDITIONS :"
IN MINNEAPOLIS REALTY
CONTINUED From Page Thirteen.)

cy Of the people to get away from the business
tralzation of decade past 1t is reaction from the
almost total abolition Of the small store and is
cessity also, or at least convenience Flat building
has been strong factor in the small store settle
ment. Flats bring large population into small
area Convenience requires drug store grocery store,
meat shop barber shop, bakery, laundry restaurant,
and confectionery and news stand. The Importance
Of IS by
A. H. Kenyon to modernize his group Of buildings
and the improvements at Seventeenth made by Doug
las Fiske.
Fortunes In Realty.
Two concise statements made by Douglas Fiske,
after long absence the Pacific coast, constitute
the best summary Of predictions made for Minneapo-
lis real estate The past history, the opinion Of out
side capitalists who are investing here the trend of
the market all summed up in the two remarks
taken from Journal interview with Mr.. Fiske. He
said: 'Rea estate values in Minneapolis could stand
50 per cent increase e. and then not be on par with
that of other cities of It's size and Importance
'There going to be more fortunes made in Min
neapois real estate in the next ten years than
ever dreamed Of in the time of the boom. -
influence of the .'Board."
Without mention Of the Minneapolis Real Estate
Board a~real estate review would be incomplete The
organization has steadily grown in influence until now
municipal improvement matters we'll in the real
estate market The latest is to take the lead in
the enforcement of the smoke ordinances. The board
has been known organization which takes elab-
crate iunkets and which has ovial banques and neat
little uncheOns The undercurrent or deep seriousness
which has been less known to the public is beg inning
make itself felt, and the board promises to be
of the best agents in the physical esthec and moral
advancement of the city.
Building goes hand and hand with real estate The
builder follows the real estate broker and values
dependent in a large degree the character of i'm
provements Building has been enormous in Mime
apos this year and at the end of the consruc
tion is still active The act admission of the fairness
of the open shop in the construction of the Orpheum
this year has accelerated building and will result in
- h1x, how
been forecast had capitalists become assured that
there will not be added vexatious labor problems to
the problem Of building.
Building Totals Of 1904.
The total of building in 1904 was st, 6,696,9s5. In
1903 it was 210,747. Construction has been well
apportioned among public structures business houses
and dwellings. The total Of house building for the
wear was $2S11 $685. and the last quarter $692615
Some of the important structures finished this year
were begun in 1903 of the most important in its
Hondoar power house Of the street railway company
at the lower dam, and it's converting and office build
ing at Eleventh and Hennepin. Another the
Northwestern National bank First near
Fourth street.
To the North Side the significant permit fol
the new German American bank at Plymouth and
Washington and the adjacent Hope chapel To the
East Side, not forgetting the development of the
university center and other business building the sig
at Central and Twentyffth. It will cost $4,000 Of
To the whole city the Orpheum and the Auditorium
and office buildings of the Northwestern National Life
have the most significance. In house building the hill
leads altho Park avenue and Clifton have rolled W