Our 2019 Top News Coverage

More about this project
12/17/2019

​As the year wraps up and we’re busy with year-end work, we wanted to shine a light on our top news coverage of the year. Take a look back with us.

City Dwelling in the Suburbs 
West Suburban Living
1/2/2019 
"A plethora of new apartment and condo developments are turning local downtowns into popular places to live for millennials and empty nesters alike."

DEED Grants Boost Cleanup at 12 Sites in Minnesota 
Finance & Commerce
1/3/2019 
“Contaminated sites represent environmental hazards and wasted economic opportunity,” DEED Commissioner Shawntera Hardy said in a press release. “By utilizing grant funding, these cities are preparing for economic growth and making their environments healthier for their residents now and into the future.”

Environmental Firm to Relocate from White Bear Lake to St. Paul’s Beacon Bluff Business Center 
Twin Cities Pioneer Press
1/10/2019 
“This new location is closer to several of our clients and provides easy access to anywhere in the Twin Cities via Interstate 35E,” said David Wolfgram, office manager with Terracon.

Construction on 17-Story Student Living Building in Birmingham’s Five Points South to Begin 
Bham Now
1/11/2019 
"The new residential building dedicated to students should be welcome news for UAB which has seen its student population increase nearly 5% this fall adding over 1000 student from 2017 to 2018."

Window Manufacturer Begins Construction on Valley Plant  
Phoenix Business Journal
1/11/2019 
"Andersen Corp. plans to hire 415 people over the next five years at the facility in Goodyear."

Why a Minneapolis Developer is Building in Five Points South  
Birmingham Business Journal
1/23/2019 
"Big growth at UAB and revitalization in the historic neighborhood helped the out-of-state real estate company pull the trigger on a Birmingham project."

Minneapolis CRE Market Attracting Outside Investors, Plenty Activity 
Midwest Real Estate News
2/1/2019 
“We are completing projects in the industrial and multifamily sectors and getting them leased up quickly,” Cattanach said. “We are still kicking off new projects in those sectors and continue to see strong fundamentals supporting them. To me, it’s a healthy sign of an economy that remains strong with continued growth and business expansion. We are still seeing new businesses coming to this market because the Twin Cities area is so strong right now.”

Opus Plans to Build Multifamily Development in P83 
AZ Big Media
2/21/2019 
“We’re excited to be part of the Peoria community and look forward to bringing this vibrant pedestrian-friendly development to the West Valley submarket,” said Dustin Slack, vice president, real estate development at Opus. “This multi-building project is the first of its kind for Opus and continues our expansion of multifamily offerings outside of our core Midwest market. As we continue expanding our development capabilities and product types, we hope to work on similar projects.”

Opus Finds Niche Spot in Spec Industrial Market with 56 Commerce 
Kansas City Business Journal
3/14/2019 
"Located off Kansas Highway 10 and adjacent to the former Great Mall of the Great Plains site, the center offers proximity to Interstate 35."

Minnesota Developer Ramping up Valley Commercial Real Estate Projects 
Phoenix Business Journal
3/18/2019 
"The company is planning to break ground on two new speculative industrial projects this year."

Opus Plots its Final Act for North End of Nicollet: Another 360 Apartments  
Minneapolis St. Paul Business Journal
6/14/2019 
"The site is the last surface parking lot remaining on Nicollet Mall. The 2010s have been a bit of a renaissance for the north end of Nicollet Mall, which was a sea of surface parking lots until Opus began developing parcels that had been owned by an entity related to the company for 30 years."

Twin Cities Development: Mixed Outlook 
Multi Housing News
6/27/2019 
"Developers have found success in both suburban and urban markets. Our team has primarily focused on the downtown and very near downtown submarkets that provide a live-work-play environment. These sites meet the needs of young professionals and empty nesters moving out of the suburban home and back to the city. We see this trend continuing and are looking at additional developments in the downtown core and adjacent submarkets." 

At Selby and Cleveland, Opus Begins Construction of Five-Story St. Thomas Residence Hall 
Twin Cities Pioneer Press
7/10/2019 
"Once complete, the development will offer underground pedestrian tunnels to nearby residence halls, the adjoining chapel and academic buildings. Minneapolis-based Opus is also renovating the Chapel of St. Thomas Aquinas, which will be complete this fall, and adding the Iversen Center for Faith, which will be complete in February."

The Opus Group Announces Start of Construction on Speculative Industrial Development in St. Louis
Construction Forum St Louis
7/30/2019 
“The transformation of this environmentally impaired site into a modern logistics and business park just outside of the downtown footprint is a great development for the City of St. Louis and is a terrific model on how underutilized properties can be put back into productive re-use,” said John J. Diehl, Jr., Director of Real Estate and General Counsel for Environmental Operations, Inc. “We are proud to have Opus join our development.”

Opus Relies on Amenities to Transform Minneapolis Office Building 
REJournals.com
8/22/2019
“After identifying the lack of office space for smaller tenants, Opus converted the former single-occupant office building with a focus on enhancing amenity offerings, while respecting the original materials and showcasing the building’s character. The nine-story, 307,000-square-foot building provides flexibility for tenant space requirements while offering 1,200 on-site parking stalls in a manicured park-like environment.”

Construction Starts on Massive Andersen Facility  
Finance & Commerce
8/29/2019 
"Work has started on Andersen Corporation’s largest current Minnesota plant expansion, just weeks after the city of Cottage Grove helped the window maker acquire land for it."

Fiat Chrysler Signs with Opus for Bolingbrook Space 
Connect Chicago
9/18/2019 
“We’re thrilled to have Fiat Chrysler Automobiles as a long-term tenant in our building,” said Josh Bauer, manager of real estate development at Opus. “This deal is a true example of the perseverance of our team to complete a transaction that meets the needs of FCA and its employees.”

Johnson County Wants to Add 165 Miles of Trail. Here's Where They Could Go One Day. 
Indy Star
10/8/2019 
"For people who don't have or want cars, trails are a way to get from point A to point B. In a survey of nearly 400 Johnson County residents, almost 30 percent said they use a combination of biking, walking, transit and driving for transportation. More than 75 percent said they'd like to bike more, and over 86 percent want to walk more."

Chicago's Big-Box Spec Market Is Back  
Bisnow
10/15/2019
"A big rush of industrial tenants at the end of summer led the Chicago region to its strongest third quarter since 2011. Perhaps the most heartening development was that, after a years-long drought, the largest speculative big-box facilities have finally started to secure tenants."

Minneapolis CRE Market Bringing in Outside Investors, Plenty of Activity
Rejournals.com
11/11/2019
“Businesses are still looking for quality options for their employees,” Cattanach said. “As long as we see a lower unemployment rate, this isn’t going to change.”

Apartment Hunt: The Marke of Elmhurst Offers an Array of Amenities
Chicago Tribune
11/21/2019 
"You can’t live much closer to a Metra station than The Marke of Elmhurst. The contemporary six-story apartment community is one traffic light and a half block from a quick train ride to downtown Chicago."


Tags: