Minnetonka, Minn-based Opus Development Corporation on Tuesday announced plans to construct the first office building in Minneapolis in nearly a decade, with Xcel Energy serving as sole tenant of the nine-story, 212,000-sq-ft project.
Although the building won't rival the stature of several Minneapolis office towers completed in the early 2000s, local officials hope it will spur efforts to redevelop a blighted expanse of North Nicollet Mall, one of the city's largest commercial districts.