Edina City Council — Transcript
Sunday, May 18, 2025
Story
Edina approves Opus Group's move from Minnetonka headquarters
Votes (1)
The Opus Group Headquarters Redevelopment Project Approval
Dissent: None mentioned
The Opus Group secured approval to relocate its headquarters to Edina, replacing a previous proposal for an apartment building at 5100 Eden Avenue. The project entails constructing a new 112,000 sq ft, five-story office building with retail/restaurant space. The move is driven by a perceived shortage of high-quality Class A office space in demand-heavy submarkets and Opus's expiring lease, positioning them as an anchor tenant for the new development.
Notable Quotes (1)
There's really a a shortage of highly functional class A and amenitized office space and um subm markets where the demand is there. And so as we kept kicking the tires on the site, we realized our lease was coming to an expiration and thought we'd be a great anchor tenant to kick off an office project here.
Ordinances & Resolutions (1)
Approval for The Opus Group to demolish an existing structure and build a new corporate headquarters with mixed-use elements at 5100 Eden Avenue.