Chicago Alderman Pat Dowell Approves $100 Million Dollars For Economic Development Project on 47th Street Chicago Black Wall Street District

M E D I A A D V I S O R Y
Black Wall Street USA HQ • 4100 Redwood Rd • Oakland, CA 94619 • 510.435.1759
www.blackwallstreet.org

2011 BLACK WALL STREET USA NATIONAL CONVENTION
Tuesday, October 4, 2011

3rd Ward Alderman Pat Dowell approves $100,000,000.00 ($100 MILLION) Affordable Housing Economic Development Project on Black Wall Street 47th
Street in Bronzeville, Chicago

OAKLAND NATIONAL HQ – In 2002, 47th Black Wall Street, Chicago Chairman Bobbie Johnson
voiced the need for more public support to save the historic Michigan Boulevard Garden
Apartments (Rosenwald). She suggested that people should support the efforts of community
activist and preservationist. Before you could say, “greased palms,” architects, planners,
lawyers, preservationists, developers, and housing experts organized a special committee to
create plan to save the historic structure. The plan incorporates the conversion of current public
housing, park space, historical markers, vacant lots, commercial spaces and historic structures
into a “revitalized” residential historic district.

The (Michigan Boulevard Garden Apartments (Rosenwald) is not just another development
project but is an initiative that can serve to showcase responsible redevelopment, redevelopment
that does not compromise or minimize but preserves return on investment, community culture and
community ownership. It is an initiative that establishes a standard of public, private and
community partnerships capable of leading the nation in the rebuilding of viable communities with
sustainable economies.

To commemorate the dedication of the Dr. Martin Luther King Jr. Monument to be held in
Washington on Sunday, October 16, 201; a two week celebration and cross marking niche event
starting on Monday, October 10, 2011 has been developed that culminates at the Black Wall
Street USA Convention to be held in Gary, Indiana on October 21 through 23, 2011.
The event which is called “Freedom’s Gateway” is held at the Swift Mansion (old Urban League
Building) located in Bronzeville at 4500 South Michigan Ave. Open House Chicago which is

M E D I A A D V I S O R Y
Black Wall Street USA HQ • 4100 Redwood Rd • Oakland, CA 94619 • 510.435.1759
www.blackwallstreet.org
sponsored by the Chicago Architecture Foundation has created a Bronzeville/Black Metropolis
District Tour – http://m.openhousechicago.org/neighborhoods/
2011 BLACK WALL STREET USA NATIONAL CONVENTION
Online Registrations Today -$65.00 per person
http://blackwallstreetdistrict.com/2011convention/2011Convention.html
***
Black Wall Street District USA is a national organization that represents 31 Black Wall Street District
communities throughout the United States. Some cities Include Atlanta, Baton Rouge, Chicago-Regional (13
Districts including 47th Street in Bronzeville, E 75th Street, Madison Street, Stony Island, Peoria, IL and
Gary, IN and seven others), Minneapolis, Newark, Oakland, and Seattle, Washington. Black Wall Street
District USA headquarters are in Oakland. For more information visit: www.blackwallstreetdistrict.com.
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