{"id":1004052544,"date":"2012-06-25T11:32:26","date_gmt":"2012-06-25T19:32:26","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=53650"},"modified":"2020-04-08T10:42:13","modified_gmt":"2020-04-08T18:42:13","slug":"opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/","title":{"rendered":"Opus to Build New Office Building for Xcel Energy at Nicollet Mall"},"content":{"rendered":"<p>By Gabriel Circiog, Associate Editor<\/p>\n<p>The Opus Development Corporation has announced plans to build a 212,000-square-foot office building in downtown Minneapolis. The nine-story building will be built for Xcel Energy on the southeast corner of Fourth Street and the Nicollet Mall. The site is currently a private parking ramp which was built in the 1960s. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/06\/Opus-Development.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-53651\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/06\/Opus-Development.jpg\" alt=\"\" width=\"300\" height=\"300\" \/><\/a><\/p>\n<p>The new construction will be fully leased to the utility company which plans to consolidate its corporate headquarters in the downtown Minneapolis campus. Currently Xcel Energy has 1,500 employees in downtown Minneapolis, out of which 750 at 414 Nicollet, immediately across the street from the new building site.<\/p>\n<p>Construction on the new building is scheduled to break ground in 2014, pending all necessary approvals. The announcement confirms the commitment of Xcel Energy to remain in Minneapolis for the long-term. Minneapolis Mayor R.T. Rybak believes the recent investments in transit and other amenities, which have been made in downtown Minneapolis, are paying off and are helping not only attract employers but also retain skilled workforce. He also said: \u201cI thank Xcel Energy for their vote of confidence in downtown, congratulate Opus on the opportunity to redevelop this important site, and look forward to even more vitality in downtown Minneapolis.\u201d<\/p>\n<p>The new Xcel Energy office building will be adjacent to another project undertaken by Opus. The Nicollet Residences, a 33-story apartment complex which will feature 333 high-end rental units, is scheduled to break ground later this year.<\/p>\n<p>Opus Design Build will be responsible for the construction of the Xcel Energy office building, Opus AE Group will be the architect of record and an affiliate of the Opus Group will own the building.<\/p>\n<p><em>Rendering Courtesy of: www.opus-group.com<\/em><\/p>\n<p>For more market data on Minneapolis, please <a href=\"https:\/\/www.multihousingnews.com\/news\/market-snapshot-minneapolis-maintains-status-as-growth-leader-in-employment-and-occupancy\" target=\"_blank\" rel=\"nofollow\"><strong>click here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Gabriel Circiog, Associate Editor The Opus Development Corporation has announced plans to build a 212,000-square-foot office building in downtown Minneapolis. The nine-story building will be built for Xcel Energy on the southeast corner of Fourth Street and the Nicollet Mall. The site is currently a private parking ramp which was built in the 1960s. [&#8230;]<\/p>\n","protected":false},"author":1269,"featured_media":1004507150,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,36076,21742,21747,21785],"tags":[],"class_list":["post-1004052544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-minneapolis-st-paul","category-latest","category-office","category-property-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Opus to Build New Office Building for Xcel Energy at Nicollet Mall - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Opus to Build New Office Building for Xcel Energy at Nicollet Mall\" \/>\n<meta property=\"og:description\" content=\"By Gabriel Circiog, Associate Editor The Opus Development Corporation has announced plans to build a 212,000-square-foot office building in downtown Minneapolis. The nine-story building will be built for Xcel Energy on the southeast corner of Fourth Street and the Nicollet Mall. The site is currently a private parking ramp which was built in the 1960s. [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-06-25T19:32:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-08T18:42:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/\",\"name\":\"Opus to Build New Office Building for Xcel Energy at Nicollet Mall - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg\",\"datePublished\":\"2012-06-25T19:32:26+00:00\",\"dateModified\":\"2020-04-08T18:42:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Opus to Build New Office Building for Xcel Energy at Nicollet Mall\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Opus to Build New Office Building for Xcel Energy at Nicollet Mall - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/","og_locale":"en_US","og_type":"article","og_title":"Opus to Build New Office Building for Xcel Energy at Nicollet Mall","og_description":"By Gabriel Circiog, Associate Editor The Opus Development Corporation has announced plans to build a 212,000-square-foot office building in downtown Minneapolis. The nine-story building will be built for Xcel Energy on the southeast corner of Fourth Street and the Nicollet Mall. The site is currently a private parking ramp which was built in the 1960s. [...]","og_url":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2012-06-25T19:32:26+00:00","article_modified_time":"2020-04-08T18:42:13+00:00","og_image":[{"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg?w=1024","width":1024,"height":1024,"type":"image\/jpeg"}],"author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/","url":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/","name":"Opus to Build New Office Building for Xcel Energy at Nicollet Mall - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg","datePublished":"2012-06-25T19:32:26+00:00","dateModified":"2020-04-08T18:42:13+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/opus-to-build-new-office-building-for-xcel-energy-at-nicollet-mall\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Opus to Build New Office Building for Xcel Energy at Nicollet Mall"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Opus-Development.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004052544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1269"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004052544"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004052544\/revisions"}],"predecessor-version":[{"id":1004414062,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004052544\/revisions\/1004414062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004507150"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004052544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004052544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004052544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}