Chicago Trend is purchasing the Hawthorn Crossings strip mall in north Minneapolis, aiming to make 49% of it community-owned through crowdfunding. The initiative seeks to empower local residents and combat gentrification while maintaining 51% ownership. This acquisition supports community development in an area characterized by low income and diversity, with a vision to build local wealth.
Company Information
Company
Chicago Trend
Location
1 S DEARBORN STREET 20TH FLOOR
Chicago, Illinois, United States
About
Chicago Trend is a social enterprise founded in 2016, dedicated to community development and revitalization in underserved neighborhoods. The company focuses on empowering local residents through real estate ownership and investments. It currently owns six shopping centers across the country and aims to support economic growth in low-income communities.
Chicago