The Opus Group® Announces Completion of Three Luxury Student Housing Developments

10/29/2015
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​MINNEAPOLIS – The Opus Group (Opus) announced today the completion of three luxury student housing developments located near university campuses in Iowa, Michigan and Missouri. All three of the luxury apartments feature upscale amenities including fitness centers, study lounges, club rooms, garage parking, tanning and other shared community spaces. Residents of the new buildings will also enjoy in-unit washers and dryers, granite countertops, stainless steel appliances and flat screen televisions in the fully-furnished apartments.

“These three luxury student housing developments make wonderful additions to our portfolio of work and their respective campus neighborhoods,” said Dave Menke, president, Opus Development Company, L.L.C. “The new buildings provide students with high-quality living options in unbeatable locations just steps from campus.”

ArborBLU (Ann Arbor, Michigan)

Located near the University of Michigan in Ann Arbor, Michigan, ArborBLU was built on top of the existing Pizza House restaurant, which stayed open throughout construction. The 13-story student housing complex features 242 beds. In addition to the amenities listed above, the building also has a rooftop terrace with stadium views and is designed to meet LEED Silver certification.

The Foundry (Ames, Iowa)

Across the street from Iowa State University’s campus in Ames, Iowa, The Foundry is a six-story, multi-use complex with 144 beds and 7,500 square feet of ground-floor retail space. Retail tenants include Starbucks and Barefoot Campus Outfitter. The building was 100 percent leased prior to opening this fall.

District Flats (Columbia, Missouri)

Situated less than a block away from the University of Missouri’s campus in Columbia, Missouri, District Flats is also within walking distance to downtown Columbia’s shopping and entertainment district. The six-story building includes 259 beds. The luxury apartment also features a movie theater, game room and outdoor terrace with fire pits.

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 for all three projects. Minneapolis-based Elness Swenson Graham Architects Inc. was the design architect for The Foundry and District Flats, and J. Bradley Moore & Associates was the design architect for ArborBLU.

Opus has now completed eight student housing developments in the past three years including projects in Madison, Wisconsin; Milwaukee and several near the University of Minnesota in Minneapolis.

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 healthcare, residential, office, institutional, industrial and retail 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 www.opus-group.com and follow @TheOpusGroup on Twitter.