There's a correlation between small businesses and growing, vibrant communities, say Twin Cities entrepreneurs Michaella Holden and Vasiliki Papanikolopoulos.
A healthy cycle of neighborhood residents supporting locally owned shops leads to strengthening the economy and empowering those who live in those communities, they said.
Their True North Collaborative in the Seven Points building in Uptown hopes to facilitate that growth and add back some of the luster to the neighborhood hit by retail disruption and then the pandemic and unrest. The space has a cafe and studio space that would allow for pop-up shops.
"I believe there are better things to come for the cities and I think every person, no matter who they are and what walk of life they come from, needs to keep the community in mind as we move forward," Holden said.
There is a need to rethink how retail and creative space can look, she said.
The project is a partnership between Holden's Lucent Blue Events and Panikolopoulos' creative studio business Coimatan. It has already partnered with a handful of small businesses.
While new condo buildings continue being built in Uptown, the retail disruption after 2016, and then the coronavirus pandemic and the unrest and looting after the police killing of George Floyd resulted in a series of restaurants and businesses closing in the neighborhood.
Apple began discussions to close its Uptown store before the pandemic and it is now gone, creating a noticeable hole. In the past two years, other big brands to exit include Columbia Sportswear, North Face and Victoria's Secret.