The Opus Group® Announces Completion of Xcel Energy Headquarters Building in Downtown Minneapolis


​MINNEAPOLIS – The Opus Group (Opus) announced today the completion of Xcel Energy’s new 222,000-square-foot office building in downtown Minneapolis. Located on the north end of Nicollet Mall, a twelve-block shopping, dining and commercial district, 401 Nicollet creates a two-building campus for Xcel Energy and consolidates operations and employees that were previously spread throughout the city.

“This building represents Xcel Energy’s commitment to energy efficiency and to downtown Minneapolis,” said Dave Menke, president, Opus Development Company, L.L.C. “With our experience in office space development and sustainable design, we listened to and worked alongside Xcel Energy’s team to create a facility that supports their business mission, brings employees and operations together in a unique space and celebrates the company’s history and dedication to the area.”

The modern nine-story building was designed and developed to reflect the architecture in the surrounding area and to enhance the vitality of downtown Minneapolis. It features collaborative work spaces with flexible furniture, technology and conference areas, as well as a skyway connecting the office tower to the main headquarters. This campus design increases operating efficiency for the approximately 750 Xcel Energy employees that work onsite, providing quick access to colleagues and resources. Confirming Xcel Energy’s commitment to energy efficiency, the building will be LEED Silver certified.

“Xcel Energy is part of Nicollet Mall’s history and we are excited to be a part of its future as well,” said Xcel Energy CEO Ben Fowke. “With our new headquarters, Xcel Energy is doubling-down on its commitment to Minneapolis and the entire region by creating a unified campus and bringing our downtown workforce closer together. We look forward to continuing to be a strong partner in helping fulfill a broader vision for Nicollet Mall and the downtown Minneapolis area.”

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 architect and structural engineer of record.

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 solutions for customers on time and on budget. For more information, visit and follow @TheOpusGroup on Twitter.