Rebuilding by streching your borders

Opus Development Corp. suffered mightily during the country’s recession. Today, the company is aggressively rebuilding itself. And to do so, it’s reaching far beyond the borders of its home state.

Iowa, for instance, has become a key state for the company.

The Des Moines office of Opus Development Corporation recently earned a long term build-to-suit for lease arrangement with a Fortune 100 company to build a new 300,000-square-foot industrial facility in Des Moines.

And this isn’t the only big project in Des Moines that Opus has taken on.

Opus Development Group is set to develop an Armed Forces Readiness Center Complex for the Iowa National Guard in Cedar Rapids, Iowa. The two-building campus will consist of an 113,000-square-foot Armed Forces Reserve Center and a 60,500-square-foot Field Maintenance Shop. Opus is scheduled to complete this project in the fall.

Opus is also in the middle of renovating two Luther College halls in Decorah, Iowa. This is a two-phase renovation project in which residential towers Miller Hall and Dieseth Hall will receive upgrades. The work on Miller Hall, the first hall scheduled, will begin this summer.

Opus officials told us that they’re committed to Iowa, and that they view the state as a key one for new opportunities.

“We’ve had a renewed market focus on the Des Moines area and the state of Iowa, in general,” said Jeff Smith, director of design-build management for Opus Design Build. “This latest project is indicative of our approach to projects in the market. We are taking an aggressive stance. We are bringing a lot of value to the clients that we are partnering with on these projects.”

— Dan Rafter

This entry was posted in Des Moines commercial real estate, Minneapolis commercial real estate, Uncategorized and tagged , , , , . Bookmark the permalink.

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