Minnesota's Top 30 Developers Announced

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December 21, 2021

Finance & Commerce recognizes 30 Minnesota developers making an impact in 2021.

Minnesota's development industry is thriving, and 30 individuals have been identified by Finance & Commerce for their impact on commercial real estate in the state. The POWER 30: Developers feature highlights industry leaders who are critical players in Minnesota's development community.

At Authentic, we work with real estate companies, architects, and developers looking to embrace real estate's digital age. We're proud to partner with several individuals and companies identified in the inaugural POWER 30 roundup.

Mike Sturdivant, Paster Properties

With a 70+ year legacy under its belt, Paster Properties is developing ambitious projects that merge retail and housing opportunities with community demands. They engage community and project stakeholders to achieve belonging, meaning, importance, and mutual success.

Mike Sturdivant, vice president of development at Paster Properties, plays an integral role in sourcing and completing development and acquisition projects. Since joining Paster in 2013, Sturdivant has completed more than 100 million dollars in project development, acquisitions, and transactions for the firm.

Our team at Authentic helped Paster Properties launch a new website emphasizing its mission, history, and portfolio of development projects across the Twin Cities. Our relationship continues with ongoing social media and content marketing efforts.

View Mike Sturdivant's POWER 30 Profile | See Our Work | PasterProp.com

Paul Hyde, Hyde Development

Operating a diverse national portfolio of industrial and office properties on urban infill sites, Hyde Development takes pride in bringing placemaking and intentional design to the industrial space. The firm has completed over 5.4 million square feet of development, including one of the Twin Cities' largest industrial sites, Northern Stacks in Fridley.

Paul Hyde co-founded Hyde Development in 2012 with his father, Mac, to redevelop brownfield sites into new, sustainable, and quality buildings. Paul currently spearheads development projects and acquisitions for the firm.

Authentic has partnered with Hyde Development on several projects, including creating a new brand and digital experience that honors the company's family roots and highlights the firm's large-scale capabilities. We also worked together to launch a website for Northern Stacks, including drone video, 360 imagery, and VR tours to push leasing efforts towards 100% lease-up.

Our partnership will continue into 2022 with ongoing digital and marketing efforts.

View Paul Hyde's POWER 30 Profile | See Our Work | HydeDevelopment.com

Nick Walton, Reuter Walton Development

Reuter Walton specializes in developing innovative, sustainable properties in the multi-family, student housing, hospitality, and commercial sectors. Their award-winning team is committed to ensuring each project delivers lasting benefits to residents, investors, and communities alike.

Recently, Nick Walton, chief executive office of Reuter Walton, has narrowed his focus to apartment properties in the Twin Cities, prioritizing affordable housing options for students, low- and middle-income renters.

Authentic is currently working with Reuter Walton to craft a new brand, marketing collateral, and microsite for the proposed 695 Grand Avenue apartments in St. Paul.

View Nick Walton's POWER 30 Profile | 695 Grand Project


Congratulations to our industry partners for their recognition. We're proud to support many of the brightest minds in real estate and urban development. View the complete Finance & Commerce POWER 30: Top Developers.