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EDA Considers Welcome West Term Sheet With JO Companies

Economic Development Authority (Eda) logoEconomic Development Authority (Eda)
Disclosed value
Over $40,000,000 private investment
From agenda
Document date
Jun 15, 2026

The 30-second brief

What it covers

Brooklyn Park’s Economic Development Authority is considering a preliminary term sheet with JO Companies for the Welcome West project. The proposed affordable multifamily development would generate more than $40 million in private investment at an EDA-owned site.

Who holds it

Jo Companies holds this contract with Economic Development Authority (Eda).

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Contract details

Amount
Over $40,000,000 private investment
Document date
June 15, 2026
Vendor
Jo Companies
Agency
Economic Development Authority (Eda)
Source document
Brooklyn Park Agenda 2026-06-15 (Agenda)

Jo Companies's other public contracts

Economic Development Authority (Eda), MinnesotaEDA Approves JO Companies Welcome West Term Sheet · Aug 17, 2026UndisclosedEconomic Development Authority (Eda), MinnesotaEDA Approves JO Companies Welcome West Purchase Option · Aug 17, 2026UndisclosedEconomic Development Authority (Eda), MinnesotaEDA Approves Welcome West Term Sheet with JO Companies · Jul 20, 2026UndisclosedEconomic Development Authority (Eda), MinnesotaEDA Considers Welcome West Option Agreement · Jul 20, 2026UndisclosedEconomic Development Authority (Eda), MinnesotaPurchase Option Agreement Proposed With JO Companies · Jul 20, 2026UndisclosedAll Jo Companies contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Economic Development Authority (Eda)?

Jo Companies was awarded this government contract by Economic Development Authority (Eda), as recorded on June 15, 2026. The contract value is Over $40,000,000 private investment.

How much is the Jo Companies contract with Economic Development Authority (Eda) worth?

The Jo Companies contract with Economic Development Authority (Eda) is valued at Over $40,000,000 private investment.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Brooklyn Park Agenda 2026-06-15 (Agenda), dated June 15, 2026 from Economic Development Authority (Eda). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jo Companies hold?

Jo Companies may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Economic Development Authority (Eda) currently buying?

Explore Economic Development Authority (Eda)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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