Real Estate Rumors
Former LA Laker and Augsburg College standout Devean George is the driving force behind a new development in North Minneapolis. He and a former classmate hope their affordable housing unit near Penn Avenue and Golden Valley Road will be a catalyst for positive change. A high-traffic area known for violence and crime is being converted into a place where people can live, shop and thrive in the heart of North Minneapolis.
George is the force behind the movement to make positive change in a neighborhood where people deal constantly with life’s challenges. “If you don’t have stable housing, you’re not worried about education, you’re not worried about eating healthy, you’re not worried about anything else,” George said.
George and Ford say they have plans to build more in this neighborhood. They hope their vision is contagious and more effort goes into transforming North Minneapolis into a destination for families. “We want all the people who are products of North Minneapolis to be able to come back and contribute to their community and make an impact,” George said.
Chicago Bulls guard Jimmy Butler last week paid $4.3 million to buy a six-bedroom, 10,000-square-foot mansion in River North. An All-Star last year, Butler, 26, has been with the Bulls since 2011. In July he signed a five-year contract with the team worth up to $95 million.
NBPA: In July, our players learned the fine points of commercial real estate investment from NYU professors and Don Peebles of the Peebles Corporation. #NotJustBasketball #MogulsInTheMaking @zazapachulia #richardjefferson @ayobaby11