News Release: Construction Now Complete on The Bellwether Luxury Multifamily Development in The Denver Tech Center

DENVER – January 13, 2026 – Opus, along with co-developer Miller Global Properties and equity investor Principal Asset Management®, today announced that construction of The Bellwether, a 253-unit LEED Silver-certified multifamily development in The Denver Tech Center (DTC) is now complete. Located at 7831 East Union Avenue, the seven-story luxury apartment complex, which replaces an under-utilized surface parking lot, provides a high-end option to meet growing demand for rental units in the area.

At more than 900 acres, The Denver Tech Center is one of the largest technology and business hubs in Colorado with more than 1,000 companies, hotels, restaurants, event venues, parks, golf courses and multifamily housing. The Bellwether is located less than a mile from the Belleview RTD light rail station and the I-25/ I-225 interchange, providing excellent access throughout the Denver metropolitan area.

“The Bellwether represents the next evolution of residential living within The Denver Tech Center, combining refined design, original art and thoughtfully curated amenities to create a truly boutique living experience. Our vision was to transform an underutilized site into a vibrant residential community that complements the energy and sophistication of The DTC,” said Eric Chamberlin, senior director of real estate development with Opus. “The Bellwether uniquely offers residents the convenience of a connected urban lifestyle within one of Denver’s most dynamic employment hubs.”

“We are thrilled that The Bellwether is now available for leasing and can be enjoyed by future tenants. Principal has been the perfect partner to help us with the conception and capitalization of this luxury product, and Opus the perfect partner to be the lead developer,” said Jimmy Miller, president and CEO of Miller Global Properties. “Having been involved with the formation and development of The Denver Tech Center for decades, we are proud to be a partner in bringing this prominent property to southeast Denver.”

"Our collaboration with Opus and Miller Global on The Bellwether demonstrates our commitment to investing in high-quality multifamily developments in strategic growth markets," said Kevin Anderegg, regional director at Principal Asset Management. "This project aligns perfectly with our investment strategy, delivering a premium residential experience in Denver Tech Center's thriving business hub while incorporating sustainable features and modern amenities that today's residents expect."

The Bellwether offers studios, one-bedroom, two-bedroom and three-bedroom apartments with high-end finishes, including quartz countertops, wood-style flooring, smart home features, tile bathroom shower surrounds, front-loading washers and dryers, premium plumbing fixtures and walk-in closets. The complex offers controlled access and digital guest entry and a combination of surface and garage parking with 58 EV charging stalls. Additional amenities include work-from-home space; a fitness center and yoga studio; a pool and outdoor area; a clubroom with a kitchen, private dining and lounge area; a game room; a speakeasy; and a landscaped pond area with walking paths and dog stations.

Opus and Miller Global Properties developed the property in a joint venture with Principal Asset Management. Opus was also the design-builder and architect of record on the project, and Lamar Johnson Collaborative was the interior designer. The property is being leased and managed by Greystar.

About Opus
Opus is a group of commercial real estate development, design and construction companies headquartered in Minneapolis with offices and projects across the country. Opus operates as a vertically integrated multidisciplinary team with expertise in development, capital markets, finance, project management, construction and architectural services. Opus includes Opus Holding and its operating subsidiaries: Opus Development Company, Opus Design Build and Opus AE Group. Specializing in industrial, multifamily residential, office, retail and institutional projects, Opus offers the unique combination of a design-build project delivery approach driven by a client-centered team of experts and backed by enduring commitment to the community. For more information, visit www.opus-group.com and follow Opus on LinkedIn and Instagram.

About Miller Global Properties
Miller Global Properties is a fully integrated value-add real estate investment company specializing in the acquisition, development, redevelopment and, ultimately, disposition of high-quality, well-located office, hotel and multi-family properties throughout the United States. At Miller Global, we leverage our real estate experience, expertise and relationships to source and selectively acquire and develop investments that complement our institutional quality portfolio. To learn more, visit www.millerglobal.com.

About Principal Asset Management®
With public and private market capabilities across all asset classes, Principal Asset Management and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.1 Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing $601.6 billion in assets1  including $105.2 billion in real estate assets1, and recognized as a “Best Places to Work in Money Management”2 for 14 consecutive years.  To learn more, please visit www.principalam.com.

[1] As of September 30, 2025 
[2] Pensions & Investments, 2025

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