The Opus Group began construction on River Valley Business Park, a two-building speculative industrial development in Shakopee, Minnesota.
The project includes a 150,000-square-foot building and a 300,000-square-foot building on 51 acres. The development is located at the southwest corner of Highway 169 and Old Brick Yard Road at 3000 and 3050 Emery Way.
The first building can accommodate 42 dock doors, up to 214 auto parking stalls and has a 28-foot clear height. The second building can accommodate 74 dock doors, up to 413 auto parking stalls and has a 32-foot clear height. River Valley Business Park is slated for completion in late 2023.
Opus has developed more than 2 million-square-feet of industrial projects in Shakopee, including Cherne Industries Headquarters at Brickyard Exchange, and Valley Park Business Center. Opus is the developer, design-builder, and architect and structural engineer of record on the project. Kris Smeltzer and Danny McNamara of Cushman & Wakefield are marketing the space for lease