The Most Opulent Experiences Awaiting You at D.C's All Black Women-Owned Strip Mall
Angel Gregorio, the visionary entrepreneur behind the renowned Spice Suite, has once again made waves in the business world. With a recent purchase of a $1 million property, Gregorio has transformed a 7500 square feet lot in Washington, D.C.'s Langdon neighborhood into a mini strip mall exclusively dedicated to Black-owned, women-run businesses. This groundbreaking endeavor, aptly named Black and Forth, is set to become a beacon of empowerment and economic growth for the community.
Gregorio's decision to establish Black and Forth in Langdon is a testament to her commitment to uplifting underserved communities. While New York may have the highest number of Black-owned businesses, a recent study has revealed that Washington, D.C. boasts the highest percentage of Black-owned businesses in the country, with a remarkable 28%. This statistic highlights the city's thriving entrepreneurial spirit and its dedication to fostering diversity and inclusion.
A Haven for Black-Owned Businesses
Black and Forth is not just a commercial space; it is a sanctuary for Black-owned businesses to flourish and thrive. By providing a platform for these entrepreneurs, Gregorio aims to create a supportive ecosystem that fosters collaboration, innovation, and success. The mini strip mall will house a diverse range of businesses, including fashion boutiques, beauty salons, art galleries, and culinary delights, all owned and operated by Black women.
Empowering the Community
Gregorio's vision extends beyond the physical space of Black and Forth. She understands the importance of empowering the community through education and mentorship. As part of her initiative, she plans to organize workshops, seminars, and networking events to equip aspiring entrepreneurs with the knowledge and resources needed to succeed in the business world. By nurturing talent and fostering growth, Gregorio aims to create a lasting impact on the Langdon neighborhood and beyond.
A Growing Trend
Gregorio's venture comes at a time when the number of Black-owned businesses is on the rise across the country. According to a report by Yahoo, the Atlanta, Georgia, metro area currently boasts the highest percentage of Black-owned businesses, with a staggering 7.42% or 8,663 in total. Furthermore, between 2018 and 2020, the number of Black-owned businesses in Atlanta has seen an impressive increase of almost 17%. This upward trend signifies the resilience and determination of Black entrepreneurs to overcome challenges and create opportunities for themselves and their communities.
Angel Gregorio's Black and Forth is not just a business venture; it is a symbol of hope, empowerment, and progress. By providing a platform for Black-owned, women-run businesses, Gregorio is championing diversity, inclusivity, and economic growth. As the Langdon neighborhood welcomes this transformative endeavor, it sets a shining example for other communities to follow suit. Together, we can create a world where every entrepreneur has the opportunity to thrive and succeed.