The Opus Group® Announces Completion of VÉLO® Luxury Apartments

9/3/2014
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​MINNEAPOLIS – The Opus Group (Opus) announced today the completion of VÉLO, a boutique luxury apartment project in downtown Minneapolis. The complex includes 101 residential apartment units and 12,000 square feet of mixed-use retail space.

VÉLO - French for “bicycle” – is located in Minneapolis’ North Loop neighborhood, at the heart of the nationally-ranked bike-friendly city’s cyclist paths and public transit systems. Residents are in close proximity to the neighborhood’s sought-after restaurants, entertainment venues and retailers. Red Cow, a popular Twin Cities-based bar and restaurant, has already announced it will occupy approximately 5,775 square feet of the new space.

“VÉLO exemplifies the dynamic, urban Minneapolis lifestyle and sets a new standard of luxury for the North Loop,” said Dave Menke, president of Opus Development Company, L.L.C. “We are honored to have collaborated with Aurora Investments and Sentinel Management Company on this project.”

VÉLO was developed as a hub for residents seeking a unique and active lifestyle. Along with a prime, transit-oriented location, VÉLO offers accessible luxury amenities, including a yoga studio, club lounge, outdoor fire pit and grill kitchen, fitness center and outdoor terrace, complete with resident garden boxes.

“We are pleased to have partnered so successfully with Opus on this project,” said Luigi Bernardi, president of Aurora Investments, L.L.C. “Since opening our doors just a few short weeks ago, we’ve seen tremendous leasing activity and look forward to our residents enjoying the quality and diverse amenities we’ve incorporated into this building.”

Opus Development Company, L.L.C. was the project’s developer and Opus Design Build, L.L.C. was the design-builder. Opus AE Group, L.L.C. was the architect and structural engineer of record and partnered with Minneapolis-based Elness Swenson Graham Architects, Inc. on the design. Aurora Investments, L.L.C. is the owner and Sentinel Management Company manages the building.

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 office, industrial, retail, institutional, residential and government 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.

About Sentinel Management Company and Aurora Investments, LLC
Sentinel Management Company and its sister company Aurora Investments, LLC are Bernardi owned companies operating apartment complexes, shopping centers and medical office buildings throughout the Twin City area for the past 50 years.