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Developers see plenty of growth in senior housing market

08.15.2019

MPR News

Developers see plenty of growth in senior housing market Sally and Tom Kopacek are walking through the lobby of Applewood Pointe, pointing out the many amenities that attracted them to the Eagan senior living cooperative. There's the library filled with books brought by residents of the newly built 96-unit building; there's a large party room with a full kitchen, televisions and tables; there…

How Joe Ryan diversified Oppidan from just developing retail Image

How Joe Ryan diversified Oppidan from just developing retail

08.14.2019

Minneapolis/St. Paul Business Journal

How Joe Ryan diversified Oppidan from just developing retail Oppidan Investment Co. spent its first two decades buying land, building retail on the land and then selling the parcel. Then the recession hit and founder and CEO Joe Ryan shifted the way the Excelsior-based developer does business. Today, Oppidan has become much more diversified, with about half of its projects in senio…

Excelsior Firm Introducing VR Tech in Senior Living Facilities Image

Excelsior Firm Introducing VR Tech in Senior Living Facilities

07.24.2019

Twin Cities Business

Excelsior Firm Introducing VR Tech in Senior Living Facilities Oppidan Investment Co. has partnered with Minneapolis-based virtual reality company Visual to bring VR experiences to residents of three of its elder care facilities. Excelsior-based property development firm Oppidan Investment Co. on Wednesday announced plans to roll out VR tech at three of its elder care facilities. The f…

Virtual reality lets seniors travel without leaving home Image

Virtual reality lets seniors travel without leaving home

07.24.2019

Star Tribune

Virtual reality lets seniors travel without leaving home VR technology engages memory-care patients as entertainment and therapy. A stream wound through a forest with snowy mountains beckoning in the background. The water looked so refreshing that Kathy Boone wanted to dip a toe in, so she kicked off a shoe. “Whoo, I love it!” said Boone, 68. “Anybody else want to go …

Restaurants, senior housing among new local developments Image

Restaurants, senior housing among new local developments

06.19.2019

The Free Press

Restaurants, senior housing among new local developments MANKATO — The growth in senior housing options continues to expand, with The Pillars of Mankato now open on the city's east side. Stacy Wihlm, executive director, said they have a total of 118 apartments, 20 for memory care and 98 independent and assisted living units. "You can come in as an independent living and we bring servic…

Hines sells historic North Loop office building to local investor

06.03.2019

Minneapolis/St. Paul Business Journal

Hines sells historic North Loop office building to local investor One of the early North Loop warehouse-to-creative office conversions has sold to a local investor for $9.25 million. Water Street Partners of Excelsior said Wednesday it bought the 70,000-square foot Union Plaza building at 333 N. Washington Ave. in an off-market sale. Hines Interests is the seller. The Houston-based real esta…

New Cub Store Anchors Apartment Development In Minneapolis Image

New Cub Store Anchors Apartment Development In Minneapolis

Press Releases

05.08.2019

The Shelby Report

New Cub Store Anchors Apartment Development In Minneapolis A new Cub store is being planned to anchor a new apartment development in the Longfellow neighborhood in Minneapolis. The new 46,000-s.f. Cub store is being built at 46th and Hiawatha Avenue in Minneapolis. Scheduled to open this spring, the new urban grocery store will anchor a five-story, 148-unit apartment development by Excelsior-…

CNRG to reopen seven former Orchard Supply stores in California

Press Releases

05.07.2019

LBM Journal

Memphis, Tenn. — Central Network Retail Group (CNRG), a multi-format, multi-brand retailer currently operating 104 hardware stores, home centers and lumberyards throughout 14 U.S. states, announced plans to open seven stores in California, all in locations formerly operated by Orchard Supply Hardware. For these stores, CNRG will create a new brand called Outdoor Supply Hardware. This wil…

Inspired by Family, Local Developer Gives Back to Seniors Image

Inspired by Family, Local Developer Gives Back to Seniors

Press Releases

05.06.2019

Lake Minnetonka Magazine

Inspired by Family, Local Developer Gives Back to Seniors Joe Ryan’s worldview is simple: leave the world better than you found it. As the CEO and owner of Oppidan Investment Company, a national property development firm based in Excelsior, Ryan knows he—and Oppidan—can make a real difference in the communities they serve. Ryan grew up in Hibbing, Minn. before attending the…

Cub Foods opens first urban-format store this week — but will there be another? Image

Cub Foods opens first urban-format store this week — but will there be another?

Press Releases

05.01.2019

Minneapolis/St. Paul Business Journal

Cub Foods opens first urban-format store this week — but will there be another? Cub Foods this week opens its first small-scale store in Minneapolis, a concept tailored for urban neighborhoods and with a focus on prepared foods and quick-service items. The Star Tribune reports on the last-minute preparations for the new store, which is opening on the ground floor of a mixed-use developm…

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