Two important steps in the development of the proposed grocery store at 25th and Nine Mile happen this coming week.
The Planning Commission will meet Tuesday at 1:30 PM to consider ordinances which would:
- conditionally rezone the properties from a mix of zonings to to the B-5C Central Business District (Conditional),
- close North 25th Street between Nine Mile Road and T Street,
- close four alleys in the development footprint, and
- declare surplus and to direct the sale of City-owned real estate located at 2534 Nine Mile Road for nominal consideration.
Ned Oliver at richmond.com is reporting that City Council’s organizational development committee will be discussing a grant from the city to bolster the project:
Richmond Mayor Dwight C. Jones is proposing a $500,000 grant for Jim’s Local Market, a grocery store planned for the corner of Nine Mile Road and North 25th Street in the East End.
The overall project is expected to draw $26 million in private investment and will employ 30 full-time employees and between 30 and 50 part-time employees, the mayor’s office said.
“This is not a case like most new groceries built in food deserts – they can be up to 100% subsidized,” says Mark Kronenthal, Chief of Staff to Mayor Jones. “Here the private support and the support of Bon Secours has reduced the need for public support by many orders of magnitude. The high level of private support makes the East End grocery an exceptional example of a relatively low request for public support. This project is to be celebrated.”
A piece in the Daily Press from earlier this year indicates that the city of Newport News spent close over $18 million on a similar food desert project (“$4.5 million on the development of the grocery store and up to $18.3 million on Brooks Crossing total”).
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TAGGED: 25th Street, city council, Jim's Local Market, Mark Kronenthal, Ned Oliver, Nine Mile Road, Richmond Planning Commission