Ross has reportedly been an active member of his community, acting as a Diversity, Equity, and Inclusion (DEI) leader and local speaker, according to CBS News.
The Wealth Redistribution Project, developed in collaboration with the City of Minneapolis and the Minneapolis Park & Recreation Board, was founded by Ross as well.
Wealth Redistribution Project
The multi-million dollar effort upholds a vision to birth “a commercial rental space for Black, Brown, Indigenous and women-owned businesses” to reside before property and development values rise, according to the company website.
“Creating ownership in a space that’s in the middle of those two vibrant geographic locations I think is very important for those business owners, for the residents and for everybody who is to come,” Ross said, according to CBS news. “I do feel responsible for making sure that I’m a good steward of my resources but also that other people are a good steward of their opportunities to contribute resources.”
Only 5% more is required to move through with the ground-breaking project that will benefit local companies; so far, Ross’ efforts have raised $4.7 million.
By December 1, 2022, the day before closing, Ross hopes to have secured all of the cash required for the Wealth Re-Distribution Project.
Renovations will then start in 2023 and last about six months. If all goes as planned, a soft opening will happen in the summer.