Opara set to build affordable housing in Brooklyn Center

Source:
Finance & Commerce
https://finance-commerce.com/2023/03/opara-set-to-build-affordable-housing-in-brooklyn-center/

Author:
J. D. Duggan

Article Excerpt:
Local developer Johnny Opara is nearing construction on what he calls a “luxury affordable” apartment building that’s been long anticipated in Brooklyn Center.

JO Companies, led by Opara, is building Wangstad Commons on four city-owned parcels with an emphasis on creating high-quality living with affordable rents. The four-story, 54-unit apartment will be highly amenitized and include family-sized units.

Opara has been working with the city since 2019 to bring the project at the northwest corner of 61st Avenue North and Brooklyn Boulevard to fruition. He’s pulled together a variety of public funds for the $23.7 million development…