Food Co-op Growth is Strong
Feb 26, 2018 08:55AM
Chicago Market: A Community Co-op which recently passed the 1,000-Owner mark, has identified a potential retail location for this local, sustainable grocery business to become a vibrant part of the community. As a cooperative business, each owner has a stake in the success of the store and a say in the way it is run.
They are waiting to hear from the Chicago Transit Authority (CTA) regarding a bid for the Gerber Building, a historic structure adjacent to the Wilson Red Line Stop, in Uptown. This would be an ideal location, bringing healthy food options to the neighborhood and serving thousands of daily commuters with groceries, prepared foods and perhaps even a walk-up coffee window.
Once Chicago Market secures a site, fundraising and design planning will begin. Cooperative businesses open when individuals in the community work together, and the financial plans call for more than 2,000 owners before the store opens. The recent push to 1,000 Owners, which was quickly accomplished, shows that community interest in this project is very strong.
For more information, visit ChicagoMarket.coop.