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The Minneapolis real estate market for lofts and condominiums has undergone an enormous boon in recent years. The large numbers of residential building permits issued for the Downtown Minneapolis district in 2006 and 2007 are making living in the Metropolitan area much more affordable. Many of the future lofts that are slated to be built will be located in the trendy North Loop area of downtown. This area will be the site of the new Twins ballpark, ensuring high demand for lofts and condos for years to come.

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