The Opus Group® Announces Plans for The Foundry Student Housing Complex Near Iowa State University

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5/1/2014
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​DES MOINES, Iowa – The Opus Group (Opus) announced today plans for The Foundry, a new student residential and retail complex directly adjacent to Iowa State University’s campus in Ames, Iowa.

Located at the gateway to Iowa State University’s campus, the six-story building will feature 53 units and 144 bedrooms with 7,500 square feet of ground-level retail space.

“The Foundry will be a one-of-a-kind space, setting the standard for high-quality student housing at the front door of campus,” said Jason Conway, director, real estate development, Opus Development Company, L.L.C. “No other student housing options offer the comfort and convenience The Foundry will bring to Iowa State University.”

Units will offer students living options of two- and four-bedrooms. Residents will have access to several desirable amenities, including a large fitness center, study lounges, game room, private heated underground parking, common areas and on-site retail options.

Demolition of the former Campus Book Store building and project construction is scheduled to begin in May 2014 with completion slated for August 2015. Preleasing has begun. For more information and to register for project updates, visit http://www.foundrystudentliving.com.

Opus recently completed two luxury student housing options at the University of Minnesota with three others currently underway near university campuses in Madison, Wisconsin; Milwaukee and Minneapolis.

Opus Development Company, L.L.C. is the developer and Opus Design Build, L.L.C. is the design-builder. Opus AE Group, L.L.C. is partnering with Minneapolis-based Elness Swenson Graham Architects Inc. on the design.

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; sales and leasing. 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.