After a number of banks turned down his mortgage request, this entrepreneur saved pushing by roadblocks to shut on a property he wished earlier than it ever went in the marketplace on the market.
Tony A. Reimonenq Jr. of Reimonenq & Co. L.L.C., his spouse, and three sons bought a 20-unit strip mall within the Oak Grove group of Hattiesburg, Mississippi, with plans to remodel the placement right into a model of the unique Black Wall Avenue that was based in Tulsa, Oklahoma’s Historic Greenwood District.
Based on Black Enterprise, the institution shall be named Greenwood Plaza and supply areas to empower and equip people to turn into entrepreneurs.
“I’ve all the time had a coronary heart to assist others succeed, however to do this, I first needed to succeed,” stated Reimonenq, CEO of the household enterprise.
“I’ve dreamed of getting a location from which others like myself can work and draw inspiration from Tulsa’s Greenwood District.”
“I need to empower the folks on the backside of the pyramid who simply want a chance,” he added.
“They aren’t lazy. They work laborious however simply haven’t discovered win but.”
“I understand how and need to hyperlink up with them to be part of serving to to not solely change the trajectory of their lives and the lives of their households however of our communities as a complete. I see it as a civic obligation,” he stated, in line with the outlet.
The Small Enterprise Administration’s District Director, Janita Stewart, stated the plaza is good for commerce faculties, provide shops, barber outlets, magnificence salons, insurance coverage, actual property brokers, medical workplaces, lending establishments, caterers, florists, and occasions or company conferences.
“Having a useful resource to assist somebody begin a enterprise or develop an present one located underneath the identical roof is a superb asset,” Stewart stated.
“Small companies and entrepreneurs want varied sources to do what they do finest, which is to create, make, promote one thing, or present a viable service.”
“When small companies succeed, so does the financial system,” she added.