The Opus Group started construction on a speculative Class-A industrial development in St. Louis at Soulard Business Park. Construction on the 155,000-square-foot modern warehouse building is expected to be complete in the second quarter of 2020.
The speculative industrial development will occupy about 8 acres and accommodate multiple tenants. The development will feature 32-foot clear height ceilings as well as 24 dedicated trailer parking stalls to suit a variety of industrial needs, including e-commerce and urban logistics users. The development also offers convenient access to major transportation routes including I-55, I-44, I-64 and I-70.
Soulard Business Park is a master redevelopment project, led by Environment Operations Inc., of a former manufacturing facility in the Soulard micro market within the City of St. Louis. The entire park has been approved for property tax abatement and is a perfect location for warehouse, industrial and office tenants.
Opus is the developer, design-builder, architect and structural engineer of record on the project. Patrick Reilly and David Branding with JLL are marketing the project for lease.