Insights from Experts: Matt Rauenhorst on Suburban Developments

Matt Rauenhorst, Vice President & General Manager

Years with Opus: 14 years

Project Credits:

• Crest Ridge Senior Living
• 365 Nicollet Luxury Multifamily
• GS1 Office Build-To-Suit
• The Loden
• Variant Luxury Mixed-Use Development
• Oxbō Luxury Mixed-Use Development
• The Foundry
• Venue at Dinkytown
• The Station on Washington
• Stadium Village Flats
• Shoppes on Maine

Event: MREJ West Suburban Development Summit Projects Shaping the Market Panel

Key Points from the Panel

• We began conversations with the city of Minnetonka in 2014 to build Crest Ridge Senior Living. The site was purchased back in 2006 with the first phase completed for Syngenta. We switched our focus to senior living and are delivering the 146-unit building in spring 2019. The building has highly-desirible amenities and features outdoor amenity spaces.

• We’re also building The Loden in Edina. We’re bringing resort-level amenities and 147 units this spring.

• We remain bullish on the Twin Cities market with 1,000 units recently completed or under construction.