In the News: March 13, 2020

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Industrial, student housing, residential and institutional developments and promotions are in this week's news.

Entrance of Rock Creek Logistics Center in Illinois by Opus

Records Begone: Big Box Industrial Achieves New Highs
RE Journals
Target Corporation leased the entire 1.2 million-square-foot industrial Rock Creek Logistics Center in Joliet, Ill., in 2019.

Birmingham High-Rise Housing Complexes to be Completed by Early 2021
WVTM 13
Ascend, a 17-story, mixed-use student living community located on the edge of the University of Alabama at Birmingham (UAB) campus, is slated to be completed prior to the fall 2020 semester.

Here are the Finalists for the 2020 RED Awards
AZ Big Media
Andersen Corporation’s building in Goodyear Crossing Industrial Park was named a finalist in the Industrial Project of the Year (less than 600K SF) at the 2020 Real Estate Development (RED) Awards.

Developers Answer to Housing Affordability Crisis: Incentives, Please
Kansas City Business Journal
Shawn Turner, senior project manager, participated on the University of Missouri-Kansas City's real estate symposium panel, which discussed Kansas City's affordable housing issues.

SWLRT profile: Who owns what near Opus Station
Minneapolis / St. Paul Business Journal
As part of the Southwest Light Rail Transit project, Opus Station on the Metro Green Line extension will be built near our corporate headquarters.

Game-Changing Commercial Real Estate Developments
Twin Cities Business
Vesi North Loop Apartments, a six-story, 218-unit market-rate building in the North Loop are slated for completion in spring 2020.

14 Developments to Watch Around the Twin Cities
Mpls.St.Paul Magazine
Construction has started on the University of St. Thomas' Iversen Center for Faith, a 25,000-square-foot, low-profile, glass addition embedded into the landscape surrounding the 100-year-old Chapel of St. Thomas Aquinas.

Business People: Executive Changes Announced at Opus Group
Twin Cities Pioneer Press
Tom Becker will assume the role of president and CEO, and Beth Duyvejonck will be promoted to regional vice president after Dave Bangasser, current president and CEO, retires in April.

Minneapolis' Opus Group Names VP of Capital Markets
RE Journals
Pete Conlon has been promoted to vice president, capital markets.

Thanks to the Opus Ramp Team!
Rebuilding Together Twin Cities
Nine retired Opus employees form the Opus Ramp Team, which volunteers to build ramps for the nonprofit Rebuilding Together Twin Cities.

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