Wave: Activists says they will try to block latest attempt to sell mall

“This is one of the last bastions of African American ownership and it needs to be African-American led. I say to the owners that before the transaction is done, reconsider. Downtown Crenshaw can merge with other groups, but this mall needs to be Black-owned and Black-led.”

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Our Weekly: Mall sale pending

“That’s not what this community is looking for,” said Goodmon. “We’re not looking for a bunch of Trump towers on Crenshaw.”

 

Goodmon and his cohorts see the mall as the synergistic center for the Black community. They plan to organize and strategize to buy the mall, stabilize it and redevelop it into a 21st century sustainable, 40-plus acre urban village. Downtown Crenshaw’s rejected plans reflected the mall’s operating standards of community wealth building, including a job training center, preparing residents for 21st century jobs in healthcare, technology and entertainment.

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Brookings: The emerging solidarity economy: A primer on community ownership of real estate

"They are grounding their efforts in a larger “solidarity economy” movement designed not only to shape the forces of development in Crenshaw, but to fundamentally reshape how the country thinks about development and community control. As one organizer told us, 'We want to create a roadmap as an antidote to the bad Kool-Aid these developers have been selling.' If they are successful, it will be an unprecedented win in the fight for community control of commercial real estate."
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Wave: Fight for the Mall Isn’t Over Yet

Jackie Ryan, a Downtown Crenshaw Rising board member and co-vice chair of the Black Community Clergy Alliance, has been in the community for 70 years.

“We have the right to determine what happens in this community,” she said. “We work here, worship here, play here, and have education here. We have the right to develop our culture. We can’t allow imperial, colonial entities to come in here and disrupt the space that we occupy.”

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CalOZ: Republican Or Democrat, The Opportunity Zone Program Will Likely Change Next Administration

A new group led by the Crenshaw Subway Coalition is raising funds to buy the mall in what CSC Executive Director Damien Goodmon said could be an all-too-rare example of the opportunity zone program being used for its stated purpose of benefiting underserved communities.

 

“There’s a real need for reform or repeal given that its current implementation has been disadvantageous for communities of color," Goodmon said. "It’s actually made it worse.”

Goodmon said a much better alternative to the current opportunity zone program would be one in which community wealth is built and maintained through projects.

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Los Angeles Standard Newspaper: Developer backs out of deal to buy Baldwin Hills Crenshaw Plaza

“This fight on the mall pushed us to make public what we’d actually been working on for the past year,” Goodmon said.  “The launch of an impact fund to acquire apartments and single family homes in our community to take them off the speculative real estate market to place them into the Liberty Community Land Trust to make our community permanently affordable to us.  With appropriate investment we can ensure that the residents who make up this unique community can stay in their homes and new housing is built that is affordable for us.  It’s the only way we save Black L.A.”

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