Developer is starting to make his mark in Twin Cities through affordable housing projects
[Originally published by The Minnesota Star Tribune, Written by Dee DePass: View Source]
Johnny Opara and his JO Cos. have $200 million in projects in the pipeline and opened a $23.4 million affordable housing complex in Brooklyn Center earlier this month.
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Wangstad Commons Grand Opening
On behalf of JO Companies I want thank, and recognize everyone that attended our Official Grand Opening for Wangstad Commons in Brooklyn Center on December 12th. It was absolutely AMAZING!…
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Impact Capital program provides funding to developers, fulfills promises
[Originally published by US Bank: View Source]
Program focused on helping first-time developers of color is gaining momentum in second year and expanding across the U.S...
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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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Opara set to build affordable housing in Brooklyn Center
[Originally published by Finance & Commerce, written by J.D. Duggan: View Source]
Local developer Johnny Opara is nearing construction on what he calls a “luxury affordable” apartment building that’s been long anticipated in Brooklyn Center...
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With Council Approval, Developer Plans Another Shot at Funding for Brooklyn Center’s Wangstad Commons
[Originally Published on Hometown Source, Written By Kevin Miller: View Source]
The Brooklyn Center City Council extended the preliminary development agreement with the developer proposing to construct the Wangstad Commons housing development on March 28.
The four-story, 54 unit, $22.5 million development is proposed for city-owned land at Brooklyn Boulevard and 61st Avenue, adjacent to The Sanctuary assisted living center.
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Brooklyn Center Plans Affordable Housing Complex Called Wangstad Commons
[Originally Published on YouTube by CCX Media Community News: View Source]
A developer wants to build an affordable housing complex called Wangstad Commons on a four-acre site at 61st Avenue and Brooklyn Boulevard. The project calls for a four-story, 54-unit building. The developer hopes to receive tax credits for the project.
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Brooklyn Center Officials Updated on Plans for Wangstad Commons
[Originally Published on 6Park News: View Source]
City officials in Brooklyn Center received an update this week on the status of a proposed affordable apartment complex.
JO Companies wants to build a complex called Wangstad Commons on a vacant 1.79-acre site at 61st Avenue and Brooklyn Boulevard.
The project calls for a 54-unit, four-story building, with each apartment having one to four bedrooms. About a dozen of the units would even be made especially for people with disabilities.
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Developer scales back plans for affordable housing at 61st Avenue, Brooklyn Boulevard
[Originally Published On Brooklyn Park Sun Post, Written By Kevin Miller: View Source]
A developer interested in constructing an affordable housing complex at 61st Avenue and Brooklyn Boulevard is scaling back the overall size of the development in an effort to leverage public funding and state tax credits.
Brooklyn Center has a preliminary development agreement with JO Companies for the project, which is set to expire Feb. 28, 2022.
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BC council interested in apartments at 61st, Brooklyn Boulevard
[Originally published on Brooklyn Park Sun Post, written by Kevin Miller: View Source]
A developer is proposing a new, affordable apartment development on city-owned parcels at 61st and Brooklyn Boulevard, with public funding proposed as a necessary component of the funding equation and an emphasis on three-bedroom units.
The developer, JO Companies, brought the concept forward for a non-binding review at the Brooklyn Center City Council’s Jan. 27 work session.
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Update on Opportunity Zone Projects in Brooklyn Park
[Excerpt from City of Brooklyn Park, EDA Work Session, originally published here]
Johnny Opara, a local developer and resident of Brooklyn Park, has expressed interest in completing a horizontally mixed-use retail (possibly grocery) and senior housing development on a portion of the Regent Site.
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