Opus and Hillcrest Develop Rail-Served, Shovel Ready Park in Suburban Twin Cities
With few remaining sites that can accommodate rail service for sizeable operations in the greater Minneapolis-Saint Paul market, Hillcrest Development, LLLP, snapped up 40 acres in Cottage Grove, Minn. Opus is developing the properties.
Named Southeast Industrial Park, the site offers a total of approximately 575,000-square-feet of space suitable for a variety of development concepts, including build-to-suit opportunities as small as 50,000 square feet. Located south of Highway 61, Southeast Industrial Park is in a desirable location with major freeway access. The development is also DEED shovel-ready certified.
North Star Sheets Build-to-Suit
Opus developed, designed and built the first building in Southeast Industrial Park for North Star Sheets. The build-to-suit industrial facility totals 161,000 square feet.
North Star Sheets chose to pursue development at Southeast Industrial Park due to the size of the property and the benefits of being rail served and shovel ready. In addition to delivering a building to support North Star Sheets' vision, culture and goals, Opus' integrated delivery model enabled an aggressive timeline to meet the company's operational requirements.
The North Star Sheets building was completed in September 2018.
An additional 24 acres remain available on the Southeast Industrial Park site, which Hillcrest owns, allowing for an additional 300,000- to 350,000-square-feet of future development.
North Star Sheets Expands
With a desire to better serve their clients and grow their business, North Star Sheets chose to expand their facility. Opus will design and construct a 35,600-square-foot addition and increase its total footprint by an additional 4.5 acres of land.
In addition to expanding the building, North Star Sheets is also taking an additional 4.5 acres of land, which they will use to increase capacity and add another rail spur to enhance its rail service infrastructure.
Around 18.5 acres are available for developments ranging from 15,000 – 325,000 square feet.