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Forum News Service, Published June 18 2013

Oppidan breaks ground on Stanley, Tioga projects

STANLEY, N.D. - Minneapolis-based Oppidan Investment Co. broke ground on two retail developments in North Dakota’s Bakken region last week.

In Stanley, Oppidan broke ground on a 23-acre development that will include Cash Wise Foods, Holiday Station Stores, O’Reilly Auto Parts, Tractor Supply Co. and Main Stay Suites. The first tenant is expected to open in January. Oppidan expects to develop an additional 10 acres adjacent to the site in 2014.

In Tioga, Oppidan broke ground on a 36,000-square-foot Cash Wise Foods that is expected to open in October.

Oppidan presented the Mountrail County Health Center and the city of Tioga with $10,000 each.

With the addition of these two projects, the national property development firm has initiated or completed eight retail and residential developments in the region for a total investment of $150 million.