Sep 14, 2010

New City Market Proposed in Uptown Charlotte

Charlotte Center City Partners is exploring the creation of a new public market in Uptown to be located in the former Reid’s Fine Foods space on the ground floor of the Seventh Street Station parking deck. Carolinas HealthCare System (CHS) has offered to invest in this new market because of the project’s potential benefits for the citizens of our region.

The proposed ‘City Market’, situated adjacent to the 7th Street light rail station, would feature high quality, unique products sold at reasonable prices. Produce and products from local farmers and vendors would support public health by providing year-round access to fresh foods. The vendor mix is proposed to be multicultural and represent Charlotte’s global melting pot as well as its Southern heritage. The market would include a café and provide programming opportunities for the community to learn about healthy eating in a warm and inviting setting, surrounded by fresh foods.

"Our goal will be to provide a wide variety of produce, meat, fish, bakery and dairy products, and other raw and prepared food, brought to market in the center of the city by farmers, growers, producers and chefs," said Michael Smith, President and CEO of Charlotte Center City Partners. "We want to create an environment that recognizes and celebrates the diversity of our citizens and fosters their interaction. We also want to strengthen the historic link and mutual dependency of our rural and urban communities."

The market will take advantage of its Uptown location and the City’s unique assets including the light rail line, the new UNC Charlotte building and First Ward Park across the street as well as Johnson & Wales University.

Another objective will be to provide an incubator for small businesses, supported by the workforce development programs at CPCC. In time, this market will become a ‘must see’ destination and provide an authentic Charlotte experience for visitors. The hope is to achieve all this and, at the same time, make sure the market is operationally self-funded.

As founding sponsor, CHS would provide health and wellness programming for the market. "We want to invest in the City Market because it supports our mission of ‘Live Well Carolinas’ and our goal of prevention and wellness in the Charlotte community," said CEO Michael Tarwater.

This concept is the result of years of research and exploration through a partnership with the City, County and Projects for Public Spaces (PPS). In a recently completed feasibility study report, PPS surveyed local market vendors and found a high-capacity, skilled set of vendors who know and understand retail marketing. The survey found that 75% of vendors have a strong interest in participating in a year-round indoor market and that 75% employ 0-3 full-time employees and more than 60% of vendors would be ready to sell in less than three months.

The City Market is proposed to be a stand-alone 501(c) 3 organization employing a Market Manager and Assistant Manager as well as custodial staff. The projected opening is Spring of 2011.

Carolinas HealthCare System (www.carolinashealthcare.org), one of the leading healthcare systems in the Southeast, includes 32 affiliated hospitals in North and South Carolina, along with nursing homes, surgical and rehabilitation centers, home health agencies and other facilities. CHS owns or manages more than 150 physician practices, which serve patients at more than 250 practice locations, utilizing the skills of more than 1,200 physicians and mid-level providers. Altogether, CHS operations comprise more than 6,300 licensed beds and employ more than 48,000 people.

Charlotte Center City Partners’ mission is the economic, cultural and residential development of the region’s urban core. The greater Charlotte region has a population of approximately 1.8 million people and a robust economy fueled by 8 Fortune 500 Companies. Charlotte’s Center City is the second largest financial center in the country and headquarters for Bank of America. Our center of finance is also a center of energy. This is the headquarters of Duke Energy. Charlotte’s Center City is a vibrant destination, with 4 new regional cultural and entertainment venues opening in the last 12 months. This is also the home of our NBA Bobcats and NFL Carolina Panthers. It is a growing urban neighborhood and the hub of a transit system that includes Light Rail and future Streetcar. The urban core has 70,000 workers, 13,500 residents and more than 25 million visitors a year.

Categories: Business, Charlotte Center City Partners, Development