New Alexandria Location
The headquarters for ORB Management Corporation is now located at 406 3rd Avenue East, Suite 1 in Alexandria, Minnesota. As Alexandria continues to grow and change, some buildings fill up and some vacancies are created in sync with the ebb and flow of business climate. This move involved a new business relocating to ORB’s former space and allowed ORB to fill an existing building vacancy – good for business and the community.
YMCA of the Pikes Peak Region has engaged ORB Management Corporation as their Owner’s Representative on their flagship Downtown Campus project in Colorado Springs, CO. This project will initiate ORB’s planned expansion to the Colorado market. ORB Founding Partner, Tom Wacholz, will lead this geographic expansion in conjunction with the 2-year YMCA project, while also maintaining his overall responsibilities as ORB’s President in all locations. ORB’s headquarters in Alexandria will remain as the central address and phone number for all ORB activities.
Minnesota West Community and Technical College selected the development team of ORB Management and Bluffstone to create the Villas at Worthington on-campus student housing. The project will involve MN West’s leadership and facilities team, the MN State office in St. Paul, the City of Worthington and Hay Dobbs Architects. The housing facility is scheduled to break ground this Fall and be ready for student occupancy by commencement of the 2018-2019 school year. ORB will act as the team’s development consultant throughout the planning, construction and occupancy process.
YMCA of the Pikes Peak Region, Colorado Springs, has engaged ORB Management Corporation as their Owner’s Representative on their flagship Downtown Campus Expansion/Renovation project. PPYMCA provides access to the region’s largest platform of healthy living centers, pools and amenities for families and individuals, with access to six YMCA Family Centers, as well as Cottonwood Creek and Memorial Park Recreation Centers. The Downtown Y facility project will include upgrades/improvements to existing space and expansion to accommodate mission-aligned, strategic co-location partners. This project will also initiate ORB’s planned expansion to the Colorado market. ORB Founding Partner, Tom Wacholz, will lead this geographic expansion in conjunction with the 2-year YMCA project, while also maintaining his overall responsibilities as ORB’s President in all locations.
With Board approval of the Strategic Real Estate and Facilities Plan, facilitated by ORB Management, Southwest West Central Services Cooperative has engaged ORB to facilitate the Plan in 6 communities throughout southwestern Minnesota. ORB Commercial Real Estate Group will supplement this effort as the team explores leasing options ranging from renewal of existing leases with facility improvements, to build-to-suit on vacant land, to relocation in a vacant facility. Implementation is phased by location over the next 3 to 5 years.
ORB Management was selected to be the Owner’s Representative to assist Freshwater Education District in acquiring land and developing a Level IV Special Education facility in Wadena, Minnesota. The need for this facility is based on the growing demand for special education off-site Level IV facilities. Over the past several years, Freshwater has jointly leased space in Deer Creek, Minnesota. The on-going needs would best be met with Freshwater owning its own facility that is designed for the ever-increasing Level IV population. This facility will be owned and operated by the Freshwater Education District under MS 123A.15, with financial sponsorship from the Region V Service Cooperative/NJPA under MS 123A.21. This investment will provide life changing improvements in the lives of countless central Minnesota students.