Throughout his 20-year career as a developer and manager in the real estate industry, Noor Jooma has garnered experience in diverse areas of residential and commercial development. Mr. Jooma has proven expertise in real estate acquisition, coordinating and zoning site plans, and requirements for tax credit syndication. In Texas, Noor Jooma has utilized his knowledge to improve the communities in which he has been developing tax-credit and market-rate apartments. In both 2008 and 2009, Noor Jooma applied for and was awarded a 9% tax credit, which he used to develop and build residential communities in Texas. In 2009, he successfully syndicated the tax credit and started construction on an 80-unit family housing community in the city of Mineral Wells. The following year, he repeated the process in the city of Lufkin, where he constructed a residential community for senior citizens.Mr. Jooma received words of praise from the mayor of Mineral Wells for the work completed on the housing community there. Mayor Mike Allen stated that Mr. Jooma had exceeded the city’s expectations for the new development, and several city council members echoed this sentiment. Prior to his foray into residential development, Noor Jooma contributed to several innovative commercial development projects in Texas. He introduced the concept of the 99-cent retail outlet with Mission City Stores, which in 1993 received recognition as the Minority Retail Firm of the Year in Dallas. Mr. Jooma pioneered the multi-branding business model when he merged gas stations such as Shell and Texaco with restaurants like Popeyes, thereby achieving high revenues and lower land and development costs for these businesses. Noor Jooma received his education and began his career in Texas. He currently manages Winterberry Development, LLC, in Dallas.
2007 - Present
Jan 1998 - Present
Helped introduce one of the first and ultimately the highest grossing Popeyes Louisiana Kitchen in a cobrandedconcept of a Shell gas station, convenience store format within the state of Texas. After the successful launch of the initial multi branding concept of the traditional fuel industry,convenience store and a national franchise, there was development specifically done for the Texaco/Churchs Chicken and Shell/Churchs Chicken companies. Championed the implementation of co branding that reduced the land & development cost early in thedevelopment process, accelerating product go-to-market time by more than 25%.
Jan 1988 - Jan 1999
Was the pioneer in the State of Texas for the retail concept of selling every item in the store for a fixedprice of 99 cents. The first store was opened in San Antonio Texas and eventually over time the chainsuccessfully grew to 21 stores from San Antonio going as far west as El Paso and going north toChicago. It was in this retail environment that in 1993 I was nominated and awarded the Minority RetailFirm of the Year for the Dallas/ Ft worth Region by the US Department of Commerce.