Owners of store in George Floyd Square sue Minneapolis over lost business

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The owners of the corner store where George Floyd allegedly tried to pass a counterfeit $20 bill before he was killed by Minneapolis police are suing the city for more than $1.5 million.

The plaintiffs contend that five businesses owned by the same family at the Cap Foods address of then-Minneapolis employee Derek Chauvin were financially harmed by Floyd’s murder. The businesses in the suit include Cup Foods, Menthol Tobacco, Southside Electronics, NMA Investments and 3759 Chicago Ave. Include LLC.

A spokesman for the city of Minneapolis said it was aware of the lawsuit but had no comment. An attorney representing the plaintiffs did not respond to a request for comment.

The business argued that customers were cut off after city officials decided to install temporary concrete barriers near the station from June 2020 until next year.

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“The restriction diverts vehicular traffic and public transportation away from Plaintiffs’ property, prevents vehicles from easily accessing the intersection in front of Plaintiffs’ property, and prevents vehicles from accessing parking spaces in front of Plaintiffs’ property,” the filing states.

The plaintiffs also argued that the city’s lack of police protection has led to a decrease in customers and property values, saying that “police only respond to the most serious calls and actively avoid the area.” To what they call the “no-go zone”.

They say they lost $753,000 to their electronics business and $474,000 to their tobacco business at Koop Foods because of the concrete barriers.

Cup Foods received a $50,000 loan from the city that will be forgiven by 2021. In total, the city loaned $1.5 million to the intersection district, known as George Floyd Square, in addition to other economic support in the area.

Cup Foods is located at the intersection of 38th Street and Chicago Avenue in South Minneapolis. The intersection has been partially occupied by activists since Floyd’s murder three years ago.

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