MNUFC Owner Invests $170M in St. Paul

Minnesota United FC owner Dr. Bill McGuire is investing $170 million in St. Paul's Midway neighborhood. The investment aims to stimulate development and create new economic opportunities in the area surrounding the team's stadium.

The $170 million investment is part of a larger, multi-phase development known as United Village, which is transforming 34.5 acres of formerly underutilized land around Allianz Field. This next phase includes a hotel, a four-story office building, restaurant pavilions, a public park with a sculpture garden, and potentially an ice rink, with a boutique hotel slated for completion in 2027. The project aims to create a vibrant hub for residents and visitors long after the stadium's construction was completed in 2019. This type of large-scale, mixed-use urban redevelopment is a major trend in the Twin Cities. Similar significant projects include the Highland Bridge development on the former Ford plant site in St. Paul and the ongoing expansion at the Minneapolis-St. Paul International Airport. For 2026, the Minnesota construction landscape is expected to be driven by technology-related projects like data centers, alongside these major mixed-use and infrastructure developments. For business majors targeting construction management, projects like United Village offer numerous entry points. Firms managing these developments require skills in project coordination, budget management, and scheduling—all of which are core to a business curriculum. Emphasize transferable skills on your resume, such as financial management from accounting coursework or strategic planning from marketing projects, and quantify your achievements with metrics whenever possible. Breaking into a business development or sales role within the construction industry involves selling materials, equipment, or services to key stakeholders like general contractors, developers, and architects. Success in this B2B environment hinges on understanding the long sales cycles and building strong relationships. Highlight your ability to identify client needs, communicate value, and negotiate—skills directly applicable from a business and sales background. When interviewing for a construction-related role without direct field experience, focus on demonstrating your eagerness to learn, your problem-solving abilities, and your professionalism. Prepare to discuss how you've handled complex, multi-faceted projects in your academic or prior work experiences. Using the STAR method (Situation, Task, Action, Result) to structure your answers can effectively showcase your capabilities. Networking is critical for uncovering opportunities. Engage with industry associations like the Associated General Contractors (AGC) of Minnesota or the Minnesota Construction Association (MCA) to connect with professionals in the field. Many large general contractors in the Twin Cities, such as Ryan Companies, Mortenson, and Doran Companies, are involved in the region's most significant projects and are key companies to follow. The commercial real estate market in Minneapolis-St. Paul shows consistent demand, particularly for modern industrial and logistics spaces, while the office sector is seeing a flight to newer, high-quality properties. The retail market remains resilient, with a focus on smaller-format spaces and the creative reuse of larger, vacant big-box stores.

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