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business and commerce Business and commerce is an ever-changing diorama in and around Phillips as new waves of immigrants arrive and older established businesses grow, adapt, or move (sometimes only across the street into new quarters). Where Scandinavian immigrants and Jewish businesses once clustered around church and synagogue, the Franklin Avenue commercial district now includes a mall built by the American Indian Neighborhood Development Corporation (AINDC), which houses Latino, German, and American Indian enterprises. Replacing dilapidated buildings and moribund businesses along the avenue are: multi-story apartment buildings, a world-renowned bakery, a new flower shop, a remodeled library, a grocery store, and a new credit union building.
Even more visionary and extensive, the Midtown Exchange on the intersection of Chicago Avenue and Lake Street represents an investment by the city, county, state and federal governments, together with private investors, of almost three hundred million dollars in new office space, businesses, and housing. Due for completion in 2006, it is perhaps the largest and most ambitious project of its kind ever attempted in Minnesota. Its impact on business and commerce along the length of Lake and Chicago in Phillips will be enormous.
A smaller but very focused redevelopment is occurring at the Hi-Lake Shopping Center at the intersection of Lake Street and Hiawatha Avenue in East Phillips. This project is designed to serve both the neighborhood and commuters on the LRT (Light Rail Transit) line which bridges the intersection.
These are only the most conspicuous examples of the highly charged business environment that has taken hold in Phillips. Other new or redeveloped businesses include the Mercado Centrale at Bloomington and Lake, the Me Gusta Mercado at 15th and Lake, and the Heart of the Beast Theater at 15th and Lake. Because the catalogue of Phillips businesses is open-ended, it will be updated continuously as needed.
Some of Phillips' businesses are mentioned here. More will be added in future.
Business associations <add fotos>
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