One-Minute Donjek Update

 

Donjek, Inc.
Dear Colleague,

As founder and principal of Donjek, I continue to manage custom teams formed to solve land use, public finance and policy issues for private, public and philanthropic clients. In three areas, Donjek develops valued ways to help clients create prosperous places:

  • Public and Project Finance: I have continued to advise Wellington Management on financing of the City Limits apartments, and Fine Associates on Currie Park Lofts, transit-oriented developments in St. Paul and Minneapolis. This month, I have started work for the Minneapolis Parks Foundation, creating a capital roadmap to finance public and private investments along the Upper Mississippi River.
  • Project Management: Over ten months, I coordinated a redevelopment and tax impact analysis of a prospective linear Gateway Park downtown Minneapolis, for the Trust for Public Land. Based on analytics of property and sales tax data, as well as developer and stakeholder interviews, our team produced a return on investment study that is shaping next steps.
  • Policy: Earlier this summer, I completed the final report on a year-long feasibility study of commercial land trust models. Creating opportunities for experienced entrepreneurs to occupy stable-priced  commercial space is one policy strategy to leverage the rising importance of commercial corridors in U.S. cities. Next, policy work shifts to a citywide public work initiative in the first-ring St. Paul suburb of Falcon Heights.

I’ve also been engaged since early 2011 representing St. Paul on the Metropolitan Council, the metro planning organization, the state’s largest provider of affordable housing, and operator of the Minneapolis St. Paul region’s transit and wastewater systems.

You’re in the business of creating successful places, and Donjek is in business of making it possible with finance, policy and project management strategies. Contact me to talk about moving your project forward.

Jon Commers

Founder and Principal

Comments are closed.