News

New Project: Ascend – Five Points South – The OPUS Group

January 10, 2019

Link to article: Ascend – Five Points South

The Opus Group (Opus) in partnership with The McKinney Fund & Company announced today the start of construction on a new 17-story, mixed-use student living community on the edge of the University of Alabama at Birmingham (UAB) campus. The building will include 199 residential units accommodating 522 residents.

“We are excited to bring a new living experience to students at UAB and the city of Birmingham,” said Ben Angelo, senior director, real estate development, Opus Development Company, L.L.C. “This project allows us to showcase our dedicated student housing expertise while fulfilling the evolving demand for student living in a growing community.”

Located just a few minutes from downtown in the Five Points South neighborhood at the corner of 20th Street S. and 10th Ave, the development will be built on the former “The Break” site. “With assistance from Herschell Hamilton of Birmingham-based Bloc Global, this location was strategically selected as it is an easy, walkable distance to campus and close proximity to all of the great retail, dining and entertainment options in the neighborhood. The Five Points South Neighborhood Association and Five Points Merchant’s Group have been incredibly supportive of our project and we feel the residential building will provide a vibrancy to the community, which has already seen significant revitalization,” noted Angelo.

Ranging from junior studios to four-bedrooms, the units will feature full-size stainless steel appliances, quartz countertops, simulated wood flooring in the common spaces and in-unit washers and dryers. High-end finishing touches also include solid surface shower surrounds, contemporary plumbing and lighting fixtures throughout and custom furniture.

In addition to the luxurious living spaces, the building’s shared amenities will include secure parking, a fitness center, spa, study rooms and lounges, and an outdoor amenity deck with fitness areas, fire pits and group seating. The 17th floor will feature stunning panoramic views of the city and the surrounding area; a coffee bar; a club room with pool tables, ping pong tables and large screen TVs; and an outdoor amenity space with a rooftop pool and grilling stations. The building will also be fully access-controlled with key fob entry points, security cameras throughout and onsite property management.

This project is a joint venture partnership with The McKinney Fund. Opus Development Company, L.L.C. is the developer; Myefski Architects is the architect; Auburn based Rabren General Contractors is the general contractor and Creative License Internationalis the interior designer for the project. The development is scheduled for completion in the fall of 2020.