Find the right hearing solutions with help from experts, plus learn more about using your products. Planning an outlet shopping trip in Chicago Find the best Chicago, IL outlet malls, stores, sales and deals at, the 1 resource for planning your outlet shopping trip MENU OutletBound. Richardson expects to own the properties for 7 to 10 years. Visit your local Best Buy at 15854 S La Grange Rd in Orland Park, IL for electronics, computers, appliances, cell phones, video games & more new tech. Properties need to be visible, with good parking and at least 30% of tenants in health, food services or other “non-Amazonable” retailers, as Richardson describes them and are in need of capital improvements that existing owners haven’t provided. “That’s a special type of investment.” He’s been attending conferences, arranging for strategic introductions to potential investors and getting back to investors he talked to initially who turned him down because they wanted to see more of a track record.Ĭhicago TREND invests in densely populated communities, where at least 50% of residents are Black. “They want to see crime decrease, property values increase and more people of color have some financial participation in their community,” says Richardson. “If I’d had the fund ready in 2020 when there was so much attention being paid to this issue, we would have raised $100 million or $200 million,” he says.įor that reason, he’s engaging in an all-out effort to identify impact investors who want a return on their capital and are still focused on racial equity-related investments. Because creating the fund took longer than he thought it would, he fears he missed a window of opportunity. At Best Buy Brockton Outlet, we specialize in helping you find the best technology to fit the way you live. The reason, according to Richardson: timing. Best Buy Appliance Outlet Chicago has 2.5 stars. Visit your local Best Buy at 200 Westgate Dr in Brockton, MA for electronics, computers, appliances, cell phones, video games & more new tech. He’s raised $10 million so far from a handful of heavy-hitters: the MacArthur Foundation, the Kresge Foundation, the Pritzker Traubert Foundation, the Surdna Foundation and the McKnight Foundation.That catalytic capital, he hopes, will help him raise more money from other philanthropically motivated impact investors-he figures he needs at least $30 million for the fund to be viable.Ĭhicago TREND's first Baltimore shopping center Chicago TRENDīut Richardson is finding that task to be slower going than he’d like. Richardson ended up spending more time than he anticipated-about 18 months, instead of six-to do the necessary due diligence, make his fund investment ready and find his first investors. It’s also a way for residents to accrue wealth they wouldn’t otherwise be able to build. Best Buy store or outlet store located in Chicago, Illinois - Joffco Square location, address: SE Corner of Roosevelt Rd & S Jefferson St, Chicago, IL 60607. That’s partly because it’s likely to encourage locals to patronize the establishments there and regard them in a different way-as an asset that can potentially improve the value of their homes and the quality of life in their neighborhood. Giving community residents the chance to have an ownership stake in those shopping centers is also central to Richardson’s plan.
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