Monday, January 30, 2012

Opus Makes a Fresh Start

The family behind Opus, once one of the largest private developers in the country, is making a comeback after settling years of messy battles with creditors and former employees.

The Rauenhorst-family-controlled Opus, reorganized and renamed Opus Group, recently announced plans for a 33-story rental-apartment tower in downtown Minneapolis. It is constructing a fully leased headquarters for household-products maker Church & Dwight Co. in Ewing, N.J., and is developing a 120-unit student housing and retail property in Minneapolis.

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