The City of Chicago has awarded a $1.15 million Community Development grant to BLK+BRWN Market. Planned for an existing structure at 3930 W. Roosevelt, the development will sit at the intersection of W. Roosevelt Rd and S. Harding Ave.
Designed by Latent Design, the project will rehabilitate an existing 14,300-square-foot building as co-working and retail space. BLK+BRWN Market is reimagining coworking and co-retail with a new platform for creative professionals to network and collaborate both virtually and in real life.
Supporting black and brown-owned businesses can have broader ripple effects; these enterprises are the employers for black and brown workers and can be a driving force for community development in their neighborhoods. BLK+BRWN Market, acts as an ecosystem designed to bring modern business amenities to overlooked communities.
Amenities that attract aspiring and seasoned entrepreneurs with tools like office & meeting space, media studios, programming for wellness, mentoring and business coaching, a built-in marketplace for emerging designers and retailers and a food hall.
While the project has scored city funding, a timeline for the development is currently unknown.