Project Profile | Valley Park Business Center

August 13, 2014 at 1:01 pm

Valley ParkBy Kristin Weise, Opus

With market trends leaning towards more speculative industrial building developments, low vacancy rates and many users looking for industrial space, Opus Development Company, L.L.C. saw the opportunity to fulfill a need in the market.

Opus acquired 50 acres of land for a project in Shakopee, Minnesota, for the development, known as Valley Park Business Center. The center includes a 200,000-square-foot spec industrial warehouse and distribution facility.

The building features 32-foot clear height, 37 dock doors, two drive-in doors and almost 160 parking stalls. Construction began in the fall of 2013 and was completed this spring.

The first phase of a multi-phase project, this building and subsequent developments will help transform the area into an industrial and office park, bringing additional jobs to the city of Shakopee.

“We’re thrilled for Opus to bring a new industrial development to the area,” said Mayor Brad Tabke, City of Shakopee. “This new warehouse and distribution center will attract additional businesses to the community and have a positive impact on our area.”

About The Opus Group
The Opus Group® is a family of commercial real estate development, construction and design companies headquartered in Minneapolis with offices and projects across the country. Opus operates as an integrated, multidisciplinary team with expertise in development, capital markets and finance; project management and construction; architecture, engineering and interior design; sales and leasing. The Opus Group includes Opus Holding, L.L.C. and its operating subsidiaries: Opus Development Company, L.L.C., Opus Design Build, L.L.C. and Opus AE Group, L.L.C. Specializing in office, industrial, retail, institutional, residential and government projects, The Opus Group has broad capabilities, deep experience and a proven design-build model that delivers solutions for customers on time and on budget. For more information, visit www.opus-group.com and follow @TheOpusGroup on Twitter.

Entry filed under: Project Profiles.

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