Blue Note Junction
community health and business incubator
Stay Connected as we build Blue Note Junction!
✓ UPCOMING EVENTS
✓ CONSTRUCTION UPDATES
✓ PARTNERSHIP OPPORTUNITIES
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Blue Note Junction is slated to be an essential part of Western North Carolina’s entrepreneurial ecosystem – specifically targeting the region’s BIPOC entrepreneurs. In Asheville’s booming local business landscape, it is poised to be both a lucrative commercial real estate model and a flywheel driving benefits to investors, tenants, partner businesses, visitors, and the larger local economy.
Like many historically African American communities across the U.S., the Burton Street neighborhood in West Asheville has experienced multiple economic, social, and environmental challenges – with the most recent being the third highway expansion that directly impacts this historic community. Couple this with the fact that Black-owned businesses make up just 2.3% of all business ownership nationwide and we’re faced with the unique opportunity to simultaneously uplift a historically African American community and build a platform for cultivating, launching, and supporting Black-owned business – all through a creative commercial real estate model with compounding benefits to the community and surrounding region.
Imagine a space that’s vibrant with diversity; bustling with creative local businesses, artists, and entrepreneurs; alive with healthy living classes and workshops; and exemplary in its ability to heal, rejuvenate, and uplift entire communities through artistic performances, wellness opportunities, and environmental sustainability. Blue Note Junction is envisioned to be an entrepreneurial hub that not only supports the health and wealth of the local BIPOC community but promotes the spiritual, emotional and economic health of the entire city.
Planned Tenants
- Indoor/Outdoor Performance Venue
- Outdoor Community Spa
- Fresh & Value-added Market
- Commercial Kitchen
- Co-Working & Counseling Center
- Hair Salon/Barber Shop
- Artist Studio Village
- Black History Tour
Why Fund Our Local Story?
- The 1st community owned commercial real estate project in Asheville
- Become part of our goals to build an economic engine and cultural hub with an ongoing ripple effect
- Multi-faceted opportunity platform (arts, culture, entrepreneurship, health, counseling, housing, etc.) with compounding benefits to the community
- Veteran leadership – the sponsors within the community have paved the framework for the relevance of the project and the combined team including those outside of Asheville have over $1B in commercial real estate project experience
- Honors and builds on the rich cultural history of the Burton Street Community
- Existing business model supports strong profit potential alongside its positive community impact
- For investors – targeted terms: 19+% return, 10-year hold
Disclaimer: We are gauging investor interest in an offering under Regulation Crowdfunding. No money or other consideration is being solicited. If sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and only through an intermediary’s platform. Any indication of interest involves no obligation or commitment of any kind.
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