The Opus Group (Opus) announced today the completion of an 86,632-square-foot industrial building in the Saint Paul Port Authority's (SPPA)
Beacon Bluff Business Center.
Terracon Consultants Inc. (Terracon), a multi-disciplinary engineering consulting firm, will occupy 15,300 square feet of the building beginning early this year.
“It was a privilege to collaborate with the SPPA in transforming this former brownfield property into a vibrant new industrial development for the dynamic St. Paul market," said Phil Cattanach, senior director, Opus Development Company, L.L.C. “This site offers Terracon, and other future tenants, a modern and functional industrial option that will meet the expanding business needs we're seeing throughout the competitive industrial market."
The building features 24-foot clear height, an exposed aggregate precast exterior with generous amounts of vision glass for daylight in both the office and warehouse spaces. Terracon will begin occupying the building this month, which will support their continued growth and make it more convenient to serve their clients throughout the greater St. Paul area. An additional 71,332 square feet of space remains available for lease.
“We're excited to move to St. Paul and the renovated Beacon Bluff Business Center," said David Wolfgram, office manager, Terracon Consultants Inc. “This new location is closer to several of our clients and provides easy access to anywhere in the Twin Cities via Interstate 35E."
The Beacon Bluff Business Center is an office and industrial redevelopment, covering 11 parcels on nearly 40 acres of formerly contaminated land. The Business Center is located off Phalen Boulevard, near Interstates 35E and 94 as well as the Minneapolis-St. Paul International Airport. The site offers reduced utility and energy costs through a partnership with Xcel Energy.
“We're pleased to welcome Terracon to the Beacon Bluff Business Center and to have worked with Opus on this project," said Lee Krueger, president, Saint Paul Port Authority. “Through our collaboration with Opus, we were able to successfully bring jobs and tax base to the former 3M campus through this new, state-of-the-art industrial building."
Opus Development Company, L.L.C. was the developer on the project, 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. Todd Hanson (Todd.Hanson@cushwake.com) and Jason Sell (Jason.Sell@cushwake.com) of Cushman & Wakefield are marketing the property for lease.
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.