The Hollows Wangstad Commons The Heights Penn Station

We Are Committed to the Development of Communities and Neighborhoods That Need It Most.

 

JO Companies is dedicated to the development of commercial and residential spaces that will improve lives and allow communities to thrive. Our development capabilities include mixed-use, market rate, senior housing, residential, and commercial properties.

The development of affordable multi-family housing is one of our top priorities. We believe everyone has the right to live in a safe, high-quality, and equitable place.

 

Residential Development

The Hollows

520 Payne Ave, St Paul, MN

The Hollows is a $18.4M new construction multi-family development that brings 62 units of luxury housing that's affordable to the Greater Eastside community in St. Paul, MN.

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Residential Development

Wangstad Commons

61st Ave & Brooklyn Blvd, Brooklyn Center, MN

JO Companies closed on new construction financing in the third quarter of 2023 for its next development, Wangstad Commons, a $23 million affordable housing development! Wangstad Commons is now open, and delivers 54 homes for individuals and families to the City of Brooklyn Center.

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Residential Development

The Heights

Larpenteur Ave E & McKnight Rd, MN, 55109

The Heights - Phase 1 is a $75M new construction multi-family development that will bring 199 units of workforce affordable housing to the City of Saint Paul on the Greater Eastside. The Heights - Phase 1 is projected to close in 2025.

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Residential Development

Penn Station Apartments

6501 Penn Ave S, Richfield, MN 55423

Penn Station Apartments is JO Companies next affordable housing development, and is a $23 million new construction development that will deliver 42-Units of affordable, and supportive housing units to the City of Richfield. Penn Station is projected to close on new construction financing in the second quarter of 2025.

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Latest News

 
News
Johnny Opara featured on F&C's The POWER List 2024
Johnny Opara featured on F&C's The POWER List 2024
Developer is starting to make his mark in Twin Cities through affordable housing projects
Developer is starting to make his mark in Twin Cities through affordable housing projects
Wangstad Commons Grand Opening
Wangstad Commons Grand Opening
Johnny Opara named as TCB's 100 List for 2025
Johnny Opara named as TCB's 100 List for 2025
Met Council grants help developments become shovel-ready
Met Council grants help developments become shovel-ready
JO Cos. proposes affordable apartment complex on Penn Avenue in Richfield
JO Cos. proposes affordable apartment complex on Penn Avenue in Richfield
Low-cost housing pitched for key Richfield corridor
Low-cost housing pitched for key Richfield corridor
Minnesota House of Representatives: House File 4278
Minnesota House of Representatives: House File 4278
St. Paul commits nearly $32 million in first phase of tax subsidies for affordable housing in 'the Heights'
St. Paul commits nearly $32 million in first phase of tax subsidies for affordable housing in 'the Heights'
The Heights housing project in St. Paul needs $73M in state aid, developer says
The Heights housing project in St. Paul needs $73M in state aid, developer says
Developers seek $73M from the state for The Heights
Developers seek $73M from the state for The Heights
The POWER 30: Johnny Opara
The POWER 30: Johnny Opara
Interview: Johnny Opara of JO Companies and Don Bernards of Baker Tilly
Interview: Johnny Opara of JO Companies and Don Bernards of Baker Tilly
Impact Capital program provides funding to developers, fulfills promises
Impact Capital program provides funding to developers, fulfills promises
Q&A: Opara, Bernards work to advance affordable housing, equity
Q&A: Opara, Bernards work to advance affordable housing, equity
 

JO Companies has received support from the City of Saint Paul, the City of Brooklyn Center, elected officials, and both local and business communities who all see the value in bringing much needed equitable housing to the State of Minnesota.