The city is planning on tearing down the building Let it Be Records is in and building a 50 story condo building....
As detailed in this Star Trib story, a developer wants to build a condo and office complex over the 4 story height limitations there.....
And there are numerous buildings filled with Yuppie Lofts popping up all over the place.

I don't know how to feel about it. On one hand, I'd love to move from where I live, which I consider Greater Uptown(I define Greater Uptown to be the area along Excelsior Blvd in Saint Louis Park and my bit of Edina), to Uptown Proper or even downtown. But I'm also kind of nervous because they're tearing down or "improving" the things that I'd be interested in living nearer to.

Tragedy of the Commons.