Latino developer has big plans for four razed lots near former Third Precinct in Minneapolis
Wilmar Delgado plans a seven-story project featuring 100 housing units and ground-floor retail on 27th Avenue in Minneapolis. This redevelopment initiative aims to revitalize a block that has remained vacant since the civil unrest following George Floyd's murder in 2020. The Holy Trinity Lutheran Church sold the lot to Delgado for approximately $175,000, ensuring the selection of a developer of color with strong community ties. Delgado, a Colombian-born entrepreneur with over 25 years in Minnesota, is stepping into property development for the first time. He also secured neighboring lots that previously housed El Nuevo Rodeo for $900,000 and Gandhi Mahal Restaurant for an undisclosed amount.
The site has historical significance, as it previously hosted vibrant businesses that served the Latino community. This redevelopment reflects a commitment to rebuilding and empowering the local area after significant trauma. Delgado's project is part of a broader movement to restore vitality to neighborhoods affected by unrest.