CRE L Iowa

The Opus Group to build 53-unit student housing and retail center near Iowa State University campus

The Opus Group will begin construction this month on the Foundry, a student residential and retail complex directly adjacent to Iowa State University’s campus in Ames, Iowa.

Opus_The Foundry_rendering

The Opus Group will begin construction this month on the Foundry, a student residential and retail complex directly adjacent to Iowa State University’s campus in Ames, Iowa.

Located at the gateway to Iowa State University’s campus, the six-story building will feature 53 units and 144 bedrooms with 7,500 square feet of ground-level retail space.

“The Foundry will be a one-of-a-kind space, setting the standard for high-quality student housing at the front door of campus,” said Jason Conway, director of real estate development at Opus Development Company, in a written statement. “No other student housing options offer the comfort and convenience The Foundry will bring to Iowa State University.”

Units will offer students living options of two- and four-bedrooms. Residents will have access to several desirable amenities, including a large fitness center, study lounges, game room, private heated underground parking, common areas and on-site retail options.

Demolition of the former Campus Book Store building and project construction is scheduled to begin in May of 2014 with completion slated for August of next year.