The Opus Group (Opus) today announced the completion of
The Loden, a four-story, 246-unit multifamily development in Edina, Minnesota. The site has undergone a profound transformation from a vacant office building into a vibrant high-end residential offering near retail, employers and nearby access to outdoor trails.
“We're extremely excited to see the culmination of a truly unique value proposition in Edina," said Phil Cattanach, senior director, real estate development, Opus Development Company, L.L.C. “Complete with luxury amenities in a tranquil setting, this multifamily housing offers the best of both urban and suburban environments in a highly desirable neighborhood."
Conveniently located between Highway 169 and Highway 100, the redevelopment is adjacent to the regional trail system developed by Three River Parks District, as well as local employers like the neighboring Children's Hospital campus which remained open throughout the construction process. The project is a confluence of urban amenities and Minnesota's natural beauty in one convenient location.
The apartment building features include an amenity building adjacent to an expansive outdoor pool deck and hot tub, work from home space, fitness center, yoga studio, dog wash and outdoor dog walk, bike storage and heated underground parking. From alcoves to two-bedrooms with dens, all units include top-of-the-line finishes with quartz countertops and Whirlpool stainless steel appliances. Floor plans range from 498 square feet to 1,322 square feet with various layouts to meet the needs of modern residents.
The Loden exudes a relaxed and casual atmosphere with minimalist design elements and organic themes and textiles. From curated furniture throughout communal spaces to architectural details, the overall design aesthetic creates a calm and warm environment.
The project is a collaboration between Opus and Founders Properties, L.L.C. Opus Development Company, L.L.C. was the developer, Opus Design Build, L.L.C. was the design-builder and Opus AE Group, L.L.C. was the interior designer, architect and structural engineer of record. The Excelsior Group was engaged for branding, marketing and is currently operating and leasing the project.
About The Opus Group
The Opus Group® is a family of commercial real estate development, construction and design companies headquartered in Minneapolis with offices and projects across the country. Opus operates as an integrated, multidisciplinary team with expertise in development, capital markets and finance; project management and construction; architecture, engineering and interior design. The Opus Group includes Opus Holding, L.L.C. and its operating subsidiaries: Opus Development Company, L.L.C., Opus Design Build, L.L.C. and Opus AE Group, L.L.C. Specializing in industrial, office, residential, retail, healthcare and institutional projects, The Opus Group has broad capabilities, deep experience and a proven design-build model that delivers speed, cost savings and best overall value for clients. For more information, visit www.opus-group.com and follow @TheOpusGroup on Twitter.