A new marketplace focused on minority-owned businesses will hold a dedication this weekend for the 100th anniversary of the Tulsa Race Massacre.

The New Black Wall Street Market, an ambitious redevelopment project in Stonecrest, will hold a two-day event with an outdoor market. The market is replacing a shuttered Target near Stonecrest Mall and eventually aims to house more than 100 Black- and women-owned businesses.

The weekend event will take place from 10 a.m. to 7 p.m. on Saturday and Sunday. It will include an outdoor festival, 55 vendors and musical performances. More information is available at www.newblackwallstreet.co.

Created by philanthropist and businessman Lecester “Bill” Allen, the market aims to imitate the development model that has made Ponce City Market and Krog Street Market successful. The market’s name pays homage to the Black Wall Street in Oklahoma, which was burned down in 1921 when Black business owners were attacked and killed by their white neighbors.

Allen created the Allen Entrepreneurial Institute, which provides business education and support for minorities, and he said the market aims to further that goal.

“As an extension of the Allen Entrepreneurial Institute, the New Black Wall Street Market shares its mission: to increase the size and number of minority- and women-owned businesses,” the market’s website said.

We will see you at the dedication / Festival! #Teaser

Posted by New Black Wall Street Market on Sunday, May 23, 2021

The official launch of the New Black Wall Street Market, located at 8109 Mall Parkway, is scheduled for September.

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