A Minneapolis-based investment company that is a dominant developer in the oil patch plans to expand its residential development in Watford City.
Oppidan Investment Co. is building large-scale residential and retail properties in Watford City, Tioga, Stanley, Minot, Williston and Dickinson.
The company announced Wednesday it purchased two acres adjacent to its Pheasant Ridge Apartments in Watford City and plans to build an identical building. The first is a 42-unit building two blocks north of downtown Watford City. It opened in June and is nearly fully occupied, the company says.