Opus Group and HSRE to Co-Develop Near Three Universities

by Katie Sloan

Minneapolis — Construction will wrap up by August 2014.

The 162-bed Varsity Quarters in MadisonMinneapolis The Opus Group will work with Harrison Street Real Estate Capital LLC, to develop three residential apartment complexes near university campuses in Madison, Wis., Milwaukee and Minneapolis. The 162-bed Varsity Quarters in Madison, will be located adjacent to the University of Wisconsin – Madison campus and will total six stories and include 7,000 square feet of ground-floor retail. IVY on Fourteenth, a 165-bed student-housing complex, will be built near Marquette University in Milwaukee. The six-story, mixed-use development will include 7,000 square feet of ground-floor retail. The six-story, 247-bed student housing project in Minneapolis will include 9,500 square feet of ground-floor retail. Construction is scheduled to begin on all three projects later this month, completing in August 2014. Opus Development Co. LLC will be the developer and Opus Design Build LLC will be the contractor for all three projects. Eppstein Uhen Architects is the architect for the Madison project and Korb Tredo Architects will design the Milwaukee project. Opus AE Group in partnership with Minneapolis-based Elness Swenson Graham Architects Inc., will design the Minneapolis project.

— Rachel Goff

 

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