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Rick Collins

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Ryan Companies US , Inc.
Minneapolis, Minnesota
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    www.naiopmn.org/naiopmn.aspx?pgsrc=eventdesc.ascx&evtid - [Cached Version]
    Published on: 1/1/2007    Last Visited: 12/7/2007  

    Rick Collins, Ryan Companies US, Inc.

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    www.startribune.com/535/story/1341184.html - [Cached Version]
    Published on: 8/3/2007    Last Visited: 8/3/2007  

    Minneapolis-based developer Ryan Companies, whose downtown projects include Target Corporation's headquarters and the Westin Minneapolis Hotel, has proposed a total of 950 to 1,500 housing units and 1.5 million to 2.5 million square feet of office space, according to Rick Collins, vice president of development.While one residential tower could be as tall as 16 stories, the others would be four to eight stories.Collins said work on the development probably wouldn't begin for a couple of years and would continue in phases for 10 to 12 years.

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    pacific.bizjournals.com/twincities/stories/2007/06/18/d - [Cached Version]
    Published on: 6/21/2007    Last Visited: 6/22/2007  

    CB Richard Ellis Group Inc., Duke, Ryan Cos., Rick Collins, Pat Mascia, Whit Peyton,
    ...
    Minneapolis-based Ryan plans to break ground before Aug. 1 and have the building ready for tenants by October 2008, said Rick Collins, vice president of development for Ryan.
    ...
    Collins said Ryan plans to construct the two new buildings in different phases.

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    www.ryancompanies.com/news/SpeakersBureau.htm - [Cached Version]
    Published on: 5/6/2006    Last Visited: 8/31/2007  

    Rick Collins, Vice President of Development

    Rick Collins, has spent his real estate career focused on the development, leasing and management of office properties.His experience is both deep and wide because of his previously held senior executive positions for several real estate firms.At Ryan, Rick is responsible for all aspects of development, including site selection and acquisitions, municipal use permits and approvals, design and construction, coordination, financial packages and lease or sale negotiations.Rick understands the intricacies of development, especially as it relates to complex financial structures and lease underwriting.Some of Rick's and Ryan's historic renovations include the Grain Belt Brewhouse, the Perkins & Will building and the upcoming Sears Tower - all in Minneapolis, MN.

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    www.swjournal.com/index.php?publication=southwest§i - [Cached Version]
    Published on: 6/12/2008    Last Visited: 6/12/2008  

    That was the rundown Rick Collins, the Ryan Companies VP, gave the Bryn Mawr Neighborhood Association Board of Directors at their meeting June 12.

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    www.twincities.com/ci_9237921?source=most_emailed - [Cached Version]
    Published on: 5/12/2008    Last Visited: 5/13/2008  

    Rick Collins, a vice president of development for Minneapolis-based Ryan Cos., noted many of the negatives but does see the newspaper's willingness to lease back space as a positive.

    "One of the very strong positives of the Star Tribune site is the critical mass; that it's a multiblock site so it provides any developer the opportunity to create a vision for a project of significant enough size as to have an impact on that side of the downtown core," he said.

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    www.startribune.com/business/19418189.html?location_ref - [Cached Version]
    Published on: 6/1/2008    Last Visited: 6/2/2008  

    Rick Collins, Ryan vice president of development, said his firm will oversee construction and support development of the mixed-use project.Collins and Alatus partner Bob Lux said last week that the exact elements of the project still are being determined.

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    forpros.lowes.com/viewArticle.cfm?articleID=1060 - [Cached Version]
    Published on: 10/15/2008    Last Visited: 12/6/2007  

    For instance, when a wall is attached to a concrete floor, the gun used to attach the steel channel to the concrete essentially fires a .22-caliber blank to propel the attachment device into the concrete, says Rick Collins, vice president of development with Minneapolis-based Ryan Companies US Inc."When contractors are onboard, it can ease a lot of frustrations," he says.

    Another key aspect is facilitating and maintaining open lines of communication.Collins recommends making certain tenants' concerns are handled through interaction with the property manager, not directly with the construction crews."Good property managers proactively communicate with tenants to make them aware of a project's timeline and anticipated disruptions while establishing a communication link the tenant can use if they have concerns," he says.
    ...
    "While a certain amount of construction disruption is likely part of the normal course of business in a multitenant building, quiet enjoyment requires subjective evaluation," Collins says."It is in the eyes of the beholder, and nobody can predict what a judge might think."

    Matter of RespectTenants who are treated well and who feel the landlord, owner and contractor are doing all they can to ease their frustration, are far more likely to be cooperative."Especially in situations where little can be done to avoid the disruptions, you are best off dealing directly with a tenant proactively, than dealing with the tenant's attorney reactively," Collins says.
    ...
    "Situations like these can either add to a good reputation or destroy it," Collins says.

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    www.swjournal.com/index.php?&story=10029&page=152&categ - [Cached Version]
    Published on: 9/24/2007    Last Visited: 10/6/2007  

    Rick Collins, vice president of development for Ryan Companies, said the agreement would be "a very atypical process" for his company, but added: "I would say it remains a possibility."

    Still, Collins noted the process is especially unusual because this initial phase of development will take place entirely in Bryn Mawr's portion of Bassett Creek Valley.

    Collins said it would be more "appropriate" to draft a development agreement directly with the city.Housing and employment conditions likely would be made in exchange for the public financing Ryan Companies will need to begin construction, he said.
    ...
    At the community meeting Sept. 9, Collins pointed to the Midtown Exchange project in the Phillips neighborhood as an example of how Ryan Companies has worked to benefit local communities.

    On that project, completed in the spring of 2006, Ryan Companies employed 45 people who lived within the five surrounding zip codes.The company also exceeded goals , negotiated with the city , for contracting with businesses owned by women and minorities, he said.

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    www.spokesman-recorder.com/news/Article/Article.asp?New - [Cached Version]
    Published on: 9/19/2007    Last Visited: 9/20/2007  

    After a presentation by Rick Collins of Ryan Companies discussing the benefits the redevelopment would bring to the community, there was a question-and-answer session.A resident asked how Ryan could make housing affordable to residents with incomes below the poverty line.

    Collins replied, "At new construction prices, the chances that a brand new home is going to be affordable to a family with an income of $23,000…that only happens with the application of public subsidies to lower the cost of construction."Collins stressed the fact that although Ryan is not a housing developer, they work with organizations skilled in obtaining funding to reduce construction costs and allow housing to be affordable.

    However, the hot topic of the evening was employment.Collins repeatedly fielded questions that asked for hard numbers - a percentage of jobs that current residents could expect to obtain.Collins used the company's redevelopment of the old Sears building and surrounding area on Lake Street in South Minneapolis, now Midtown Global Exchange, as an example of the process.

    Allina relocated from nine separate suburban areas to the Midtown area.Collins explained that relocating businesses are "existing businesses [with] existing employee bases…but it is the rare business that doesn't have something in the order of 10-15 percent turnover per year among their employee base."

    Collins explained that Ryan's job is not to convince companies to hire 100 percent of their workers from the area, but to connect relocating employers with training agencies that can prepare residents for jobs as they become available.

    Collins revisited this issue of jobs several times.Approximately 60 percent of the meeting attendees were immigrants, as evidenced by the number of people wearing headsets through which interpreters translated for each speaker.A Somali interpreter expressed the concern of a resident who wanted to know the benefits the development would bring to the Somali community, where language presents an additional challenge.

    Collins responded, "Specifically for the Somali community, what can we do?
    ...
    Allen spoke with Collins after the meeting and thanked him for attending.

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