Starbucks Makes The Neighborhood

"The familiar green awnings of Starbucks are another sign of hope on the South Side, where home values are rising. Many neighbors see the shop as a mark of newfound respect for black buying power and a harbinger for more new stores. Hairston, for one, dreams of a Target, a Best Buy and maybe a Kinko's.

But it has taken four years, the alderman's intervention and civic-minded basketball star Magic Johnson just to open one brand-name coffeehouse.

And in a part of the city where most basic shopping is still a long car or bus ride away, neighborhood advocates recognize that they still have a long road from that first grande latte to a thriving local economy.

Thanks to Melissa Chow