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Former pro basketball player Devean George is proposing a 45-unit affordable apartment project just two blocks from where he grew up in north Minneapolis. Plans for the proposed Commons @ Penn Avenue project call for combining larger units with 4,500 square feet of commercial space for community services at the southwest corner of Penn Avenue North and Golden Valley Road.
“I just want to give back. I believe that I can help. I want to be able to be a resource,” George told Finance & Commerce on Monday. “We’re focusing on families. The majority of the units are two and three bedrooms.”
North Minneapolis remains a challenging environment for developers. According to city of Minneapolis statistics, there are currently 454 vacant lots and 435 vacant buildings in north Minneapolis.
— Reported by Burl Gilyard of Finance-Commerce.com
