Sunday, February 09, 2014

Black residents reject Trader Joe’s because it would attract too many white people

Black residents reject Trader Joe’s because it would attract too many white people - BizPac Review:

"The Trader Joe’s grocery chain has withdrawn plans to build a store in the heart of a predominantly black neighborhood after a black leadership group fought the move.

The Portland Development Commission was set to give the grocer a large discount on property that had been vacant for years, pricing it at just over $500,000, down from an appraised value of $2.9 million, according to The Oregonian.

 The Portland African American Leadership Forum sent a scathing letter in December to city leaders, saying the plan would price residents out of the area and the group“remains opposed to any development in North/Northeast Portland that does not primarily benefit the black community.”"

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