BUSINESS

Businesses Seek City Help After Struggles Near George Floyd Memorial

38th StreetChicago Avenue, Minneapolis, MN, USA,Fri Nov 15 2024
In a twist of events, business owners around the corner where George Floyd was tragically killed in 2020 are taking legal action against the city of Minneapolis. They want the city to take over their properties and compensate them for losses. The businesses, including the former Cup Foods (now Unity Foods), argue that the city's inaction has led to a decline in their businesses due to increased crime and a lack of police presence. The area, known as George Floyd Square, has become a significant memorial site, but owners feel they've been left out of the changes. They are seeking $30 million in damages. This legal move comes after an earlier lawsuit was dismissed. The businesses claim they've lost revenue, property value, and reputation. They blame the city's decisions for creating a "no go zone" for police. The city, while not commenting on the litigation, acknowledges the challenges faced by residents and businesses since Floyd's death. The corner where Floyd was killed has become a symbol of social justice, attracting visitors from across the country. However, business owners feel they haven't benefited from this status. There's ongoing debate among activists and officials about how to maintain the intersection as a memorial while addressing local concerns. Floyd's death sparked widespread protests and a national conversation on racism and police misconduct. The officer involved, Derek Chauvin, was convicted of murder. The case put significant pressure on Minnesota's governor, Tim Walz, during a critical time for the state. The lawsuit argues that the businesses should be compensated for their losses. Their lawyer, Michael Healey, suggests two possible outcomes: either the businesses keep their properties with a settlement, or the city takes over and compensates the owners.

questions

    How does the lawsuit against Minneapolis aim to address the economic impact on businesses at the corner where George Floyd was killed?
    How does the city's response to this lawsuit set a precedent for similar cases in other areas affected by significant social events?
    What are the specific damages that the business owners are seeking compensation for?

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