Grand Rapids Bets On Food Market For Growth

Downtown Market

Grand Rapids Downtown Market

Grand Rapids Downtown Market

Next year will mark the 4th annual Restaurant Week, set to take place during the second week of August. Just in time for this, downtown Grand Rapids is set to open a $30 million, 130,000 square-foot Downtown Market, a destination which is expected to attract 500,000 visitors each year. The 3 story brick and glass building is currently under construction just south of Wealthy St in a neighborhood of vacant turn of the century warehouses and is intended to be a state of the art center for the culinary arts and fresh local foods.

The Downtown Market also has just announced it’s website, Facebook page, it’s own Twitter and a Tumbler account.

The NYT reports that; “This project fills a variety of needs,” said David Frey, chairman of the Frey Foundation and co-chairman of Grand Action, a nonprofit group of local business leaders that joined the city’s Downtown Development Authority to raise money for the market and to build it. “It creates a lot of synergy for the development that’s been happening in Grand Rapids for some time now.”

Grand Rapids Downtown Market

Downtown Market

The Downtown Market, in effect, is the newest piece of civic equipment built here since the mid-1990s to leverage the same urban economic trends of the 21st century — higher education, hospitals and health care, housing, entertainment, transit, and cleaner air and water — that are reviving most large American cities.

Few small cities, and possibly none in the industrial Midwest, have been nearly as successful. One reason is the distinctive partnerships formed between this city’s redevelopment agencies and wealthy industrialists and philanthropists. Hundreds of millions of private dollars have been raised here to build a downtown that encourages entrepreneurs, develops career-track jobs and attracts new residents.

The new market is being built along Ionia Avenue SW, south of Wealthy Street, adjacent to the city’s Heartside Neighborhood, just a short walk from the downtown core. This should be especially exciting for those living in our downtown Grand Rapids condos. If you are considering a move, here is another great reason to live in a neighborhood with so much going on. If you have any questions about what is available in town, feel free to contact me anytime. You can also take advantage of our online search to see what is available.

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