Investing in the heart of a neighborhood
In the mid-1980s, St. Paul’s Rice Street neighborhood was suffering. The community was once a vibrant commercial corridor with proud working class roots and countless mom and pop businesses. One by one the shops along the corridor closed—gone with the rise of giant big-box stores in neighboring suburban communities.
After years of working to bring outside businesses to struggling commercial corridors throughout the Twin Cities, Mihailo Temali remembers a key lightbulb moment in his career.
What if the mechanics and daycare providers and beauticians working out of their homes could fill local commercial vacancies? The best way to support a neighborhood is investing in the energy and talent of its residents.