ROSEMARYS BABIES CO

Stop counting ribbon cuttings. Start counting survivors | Opinion

Julian Vance
Julian Vance
NewsHue Author
Rosemary Oglesby-Henry, founder of Rosemary's Babies Company, advocating for economic development on Reading Road.

Every time a local business closes in Avondale, the neighborhood loses more than a storefront. It loses jobs, services, and crucial pieces of generational wealth. For too long, our focus has been on ribbon cuttings. It is time we start looking at the ribbon closings and the reasons behind them.

The list of shuttered businesses is sobering. From childcare centers to local eateries, these closures represent lost dreams and vacant spaces. When these disappear across sectors, they are not isolated failures. They are symptoms of a systemic problem. Many businesses on Reading Road struggle because the corridor functions as a pass-through for commuters rather than a destination for shoppers.

Economic development requires a shift in how we measure success. True progress is not found in how many businesses open, but in how many are still thriving a decade later. We need to move beyond neighborhood boundaries and individual short-term thinking. While some organizations continue to fight for survival, the goal must be prosperity. We need a strategy that fosters longevity, profitability, and local ownership.

We have the plans and the upcoming transit investments. What we lack is a unified approach. By establishing a Reading Road Improvement District, we can connect existing efforts through shared leadership and accountability. This district could focus on business retention, access to capital, and public safety. These are the foundational elements that make success possible for entrepreneurs.

This is not a new idea. It is an unfinished one written across multiple neighborhood plans. We must act to create an environment where businesses prosper and families build wealth. The next chapter for this corridor will be determined by the decisions we make today. It is time to connect these investments and prioritize the people who live and work here.

Frequently Asked Questions

Why is the Reading Road corridor struggling to sustain businesses?+
The area currently functions as a commuter pass-through rather than a destination, leading to higher closure rates for local businesses.
What is the proposed Reading Road Improvement District?+
It is a unified governing body intended to connect neighborhood plans, share leadership, and provide accountability for infrastructure and economic growth.
How does the author define economic success for a neighborhood?+
Success is measured by business longevity, profitability, homeownership, and the ability of current residents to build generational wealth.
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Julian Vance
Julian Vance
Julian Vance is a leading voice in business and finance journalism, breaking down market trends and economic policies.