Coliseum Building Rehab Loan
I’m excited to share that the Council authorized a $1.5 million loan from our Commercial Property Development Fund for the rehabilitation of the Coliseum building located at 27th Ave S and E Lake St.
Many know this building as Denny’s on E Lake Street. The building covers nearly an entire block and was badly damaged during the summer of 2020. The Coliseum Building is going to be renovated through a collaboration of Seward Redesign, Chris Montana of Du Nord Social Spirits, the first Black Owned Distillery in the nation; Janice Downing of CommonSense Consulting@Work; and Alicia Belton of Urban Design Perspectives.
In addition to Black-owned small business, the Coliseum will have an event center and training facilities. The rehabilitation will maintain the beautiful historic exterior while supporting local Black business and ownership and actualizing a community-led vision for the intersection of Lake & Minnehaha.
WHO
Redesign, Inc. Community Developers
WHERE
WHEN
Anticipated Grand Opening Summer 2023
WHY
Advancing equitable development in the areas most affected by the civil uprising of 2020.