The Opus Group® Announces Retail Leases at The Foundry


​DES MOINES, Iowa (May 22, 2015) – The Opus Group (Opus) announced today that two leases have been signed for ground-floor retail space at The Foundry in Ames, Iowa. Committed tenants for the luxury student housing complex near Iowa State University include Starbucks and Barefoot Campus Outfitter.

“We’re excited to welcome both companies as tenants at The Foundry,” said Jason Conway, director, real estate development, Opus Development Company, L.L.C. “Adding to the building’s amenities, they will enhance the living experience for residents and provide great food and retail options for the surrounding community.”

With a premium location at the entrance to Iowa State University’s campus, both retailers will open fall 2015. Starbucks coffee company will occupy 2,000 square feet of space with its only location in the campus neighborhood. Barefoot Campus Outfitter, a college spirit wear company, will occupy 3,500 square feet of space for its first store in the Midwest. The Foundry features an additional 1,900 square feet of ground-level retail space still available for lease.

After breaking ground last summer, the six-story, 53-unit student housing complex is 100 percent leased and on schedule to open prior to the fall semester in August 2015.

Chris Thomason and Steve Scott from NAI Optimum represented Opus on both transactions. Starbucks was represented by Boh Kurylo of The Lerner Company and Barefoot Campus Outfitter was represented by Ryan Davenport from Scott Brown Commercial.

Opus Development Company, L.L.C. is the developer of The Foundry and Opus Design Build, L.L.C. is the design-builder. Opus AE Group, L.L.C. is the architect and structural engineer of record and partnered 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. 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 and follow @TheOpusGroup on Twitter.