By now, Lyneir Richardson had hoped to start sharing some profits with the people who invested with him in the Walbrook Junction Shopping Center in West Baltimore. But something happened. The Rite Aid bankruptcy happened. And that’s no small thing. The Walbrook Rite Aid closed, leaving a huge empty space in the shopping center and a hole, for now, in Richardson’s ambition to grow wealth among Black families through what he calls “inclusive ownership.”
Dan Rodricks: Rite Aid left big holes in shopping centers, including this unique one in West Baltimore
August 23, 2024