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Friday A.M. Report

UnitedHealth plans second Twin Cities data center, compensation up 12 percent for Pentair’s Hogan, Welsh to market foreclosed Brooklyn Park site, and Roy Smalley’s Club 87 to replace Champps downtown.

UnitedHealth plans second Twin Cities data center: UnitedHealth Group plans to break ground this summer on a $100 million to $150 million data center in Chaska, similar to the one it built in Elk River in 2008. It will be one of the largest commercial projects to break ground in the Twin Cities this year. The company said the exact cost is confidential. Read full story

Compensation up 12 percent for Pentair’s Hogan: Total compensation was up 12 percent for Pentair Inc.’s top executive in 2009, even as the Golden Valley-based maker of water-filtration and pool equipment laid off workers and cut costs amid the recession. Randall Hogan, Pentair’s chairman and CEO, made $7,188,985 last year, up from $6,414,361 in 2008, according to the company’s annual proxy filing. The compensation, though, still wasn’t as high as in the better economic times of 2007, when Hogan received $8,688,227. Read full story

Welsh to market foreclosed Brooklyn Park site: Welsh Cos. has been hired to market 610 Crossings in Brooklyn Park, a foreclosed 58-acre site that’s owned by TCF Financial Corp. In January, TCF hired former Opus executive Tim Murnane as a development consultant for the site, and he interviewed prospective brokers for the listing. Read full story

Roy Smalley’s Club 87 to replace Champps downtown: A new restaurant called Roy smalley’s 87 Club will open in the Butler Square Building in downtown Minneapolis’ Warehouse District on April 9, three days before the first regular-season game is played at nearby Target Field. The new restaurant, which will take over a space now occupied by Champps Americana, bears the name of the former Minnesota Twin,who is now a baseball analyst for the Fox Sports North cable network. The 87 in the club name refers to the year of the Twins’ first World Series championship. Read full story