JO Cos. proposes affordable apartment complex on Penn Avenue in Richfield
[Originally published by Minneapolis / St. Paul Business Journal, written by Alyxandra Sego: View Source]
Twin Cities housing developer JO Cos. wants to build an affordable apartment complex on Penn Avenue in Richfield. The firm's proposal is for approximately 40 affordable units to be built at 6501 Penn Ave. S., currently a vacant lot that has been owned by the Richfield Housing and Redevelopment Authority (HRA) since 2018. JO Cos. CEO Johny Opara presented his preliminary plans to Richfield City Council, HRA and Planning Commission during Monday’s hearing...
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Low-cost housing pitched for key Richfield corridor
[Originally published by Finance & Commerce, written by Brian Johnson: View Source]
Like other metro-area cities, Richfield has identified a need for more affordable housing, larger rental units suitable for low-income families, and investments in key corridors. A local developer’s pitch for a city-owned site in the heart of town could check all three boxes...
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Minnesota House of Representatives: House File 4278
Minnesota House of Representatives: House File 4278 (St. Paul; The Heights housing development funding provided from the housing infrastructure program, report required, and money appropriated)
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St. Paul commits nearly $32 million in first phase of tax subsidies for affordable housing in 'the Heights'
[Originally published by Star Tribune, written by James Walsh: View Source]
The city of St. Paul has committed nearly $32 million to subsidize affordable housing at the Heights, St. Paul's new mixed-use development transforming the former Hillcrest Golf Course on the city's East Side...
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The Heights housing project in St. Paul needs $73M in state aid, developer says
[Originally published by Minneapolis/St. Paul Business Journal, written by Mark Reilly: View Source]
A plan to build more than 1,000 affording housing units at the former Hillcrest Golf Course will need $73 million in state assistance to move forward, development leaders say...
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Developers seek $73M from the state for The Heights
[Originally published by Finance & Commerce, written by Brian Johnson: View Source]
Sherman Associates and its development partners are asking state lawmakers for $73 million to close a funding gap for The Heights, a $450 million effort to bring more than 1,000 largely affordable homes to the former Hillcrest Golf Course site in St. Paul...
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Q&A: Opara, Bernards work to advance affordable housing, equity
[Originally published by Finance & Commerce, written by Brian Johnson: View Source]
Emerging developer Johnny Opara of St. Paul-based JO Companies crossed the finish line on his first large-scale development — an $18.4 million, 62-unit workforce housing project called The Hollows – with help from financing partners that include Don Bernards, a partner in Baker Tilly’s real estate group...
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Housing At The Heights
[Originally Published by The Heights Saint Paul: View Source]
Sherman Associates will be the lead housing developer for 1,000+ housing units at The Heights. (…) Sherman will partner with JO Companies and Twin Cities Habitat to develop a range of housing options…
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Sherman Associates to be Lead Housing Developer at The Heights
[Originally Published by Saint Paul, Minnesota: View Source]
The Heights is an approximately $550 million redevelopment of the former Hillcrest Golf Club at the southwest corner of Larpenteur Avenue and McKnight Road in Saint Paul.
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Saint Paul Port Authority: "Housing at The Heights"
[Originally Published by Saint Paul Port Authority: View Source]
Sherman Associates will be the lead housing developer at The Heights. (…) Sherman will develop 700 multifamily units and then partner with JO Companies and Twin Cities Habitat for the rest…
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Minneapolis company with St. Paul history named master developer at old Hillcrest Golf Course site
[Originally Published by Twin Cities Pioneer Press, Written by Frederick Melo: View Source]
Sherman Associates will work with JO Companies and Twin Cities Habitat for Humanity as residential developers of The Heights.
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Multimillion dollar project promises to bring affordable housing, jobs to St. Paul’s East Side
[Originally Published by Sahan Journal, Written by Katelyn Vue: View Source]
The Heights housing project is expected to create up to 1,000 new housing units on the old Hillcrest Golf Course.
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Twin Cities Habitat for Humanity: "Partnering to Develop The Heights on St. Paul's East Side"
[Originally Published by Twin Cities Habitat for Humanity: View Source]
Twin Cities Habitat for Humanity is honored to be a major project partner in The Heights, a $370 million redevelopment of the 112-acre former Hillcrest Golf Course in St. Paul…
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Sherman, Opara, Habitat share details on plan to develop 1,000 units at The Heights in St. Paul
[Originally Published by Finance & Commerce, Written by J.D. Duggan: View Source]
Sherman Associates will be the lead housing developer for The Heights in St. Paul, working in partnership with Johnny Opara’s JO Companies and Twin Cities Habitat for Humanity…
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Sherman Associates partners with Saint Paul Port Authority as lead developer for $400 million housing development at The Heights in Saint Paul
[Originally Published by Sherman Associates: View Source]
Sherman Associates announces its role as lead housing developer in The Heights development, in partnership with the Saint Paul Port Authority and the City of Saint Paul (…) Sherman will partner with JO Companies and Twin Cities Habitat for a portion of the housing units…
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