Black business owners see opportunity at Avondale Town Center
54 percent of retailers are Black-owned
Black business owners see opportunity at Avondale Town Center
and last updated 2020-12-11 18:48:51-05
Despite the COVID-19 pandemic, signs of growth continue within Avondale Town Center on Reading Road, where commercial tenants are moving ahead with opening new businesses.
âWe are at a 63 percent occupancy rate for signed leases,â said Reginald Harris, director of community life for The Community Builders, the developer and property management company overseeing the Avondale Town Center redevelopment.
The largest open space is 15,000 square feet, which will be split between a much-needed grocery store option and the Urban League of Greater Southwest Ohio's new Center for Social Justice. Now, several prime commercial spaces facing Reading Road are under lease, and a majority of new establishments are owned by African Americans.