Oppidan Completes Move to Excelsior

Tuesday, July 21, 2015

Fianance & Commerce

Developer Oppidan Investment Co. has completed its headquarters move from Minnetonka to Excelsior, the company announced Monday.

Oppidan’s new space is about 9,000 square feet on the second level of its own Excelsior Marketplace development at Walter Street and George Street in downtown Excelsior. That’s about 4,000 square feet larger than its previous office space in Minnetonka.

“The new space incorporates design features that represent the varied interests of (our) clients, from industrial to modern to rustic,” the company said in a prepared statement. “It also has a very employee-friendly layout, boasting team co-working spaces, stand-up desks, a workout facility, and an outdoor meeting space.”

Oppidan bought a former motor building in Excelsior and an adjacent property in 2012 and quickly began work to develop the site. An 8,744-square-foot retail building on the land is now fully occupied, with tenants including Steele Fitness, SportClips and YogaFit. A new Kowalski’s Market will open nearby this summer.

The 20,000-square-foot Excelsior Marketplace building also includes a Miyabi Japanese and Asian Bistro and M the Art of Hair salon. State Farm Insurance will move into the building soon, and Oppidan is still seeking tenants for about 2,500 additional square feet.

 

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