"Black Developers Restore Torched Lake Street Landmark Post-Floyd Murder"

Black entrepreneurs in Minneapolis are leading the revitalization of a historic retail building on Lake Street that was nearly destroyed by arson during the civil unrest following George Floyd's murder. The project aims to provide affordable retail, office, and restaurant space to business owners of color and Indigenous entrepreneurs who were forced out of the neighborhood. Despite challenges in securing financing, including skepticism from lenders, the project is moving forward with renovations that preserve the building's original details. The Coliseum Building is expected to reopen in 2024, serving as a symbol of resilience and a new beginning for the community.