At tonight’s special City Council meeting, the City cleared the biggest hurdle to start construction on a year round indoor market.
The outdoor Rockford City Market will soon become enjoyable all year-round, with indoor and outdoor components.
Three buildings in the 100 block of Madison will be remodeled to host food vendors, retail space, and a culinary incubator, with a kitchen that upcoming startups can come in and use.
The Rockford City Market has been a good source of revenue, with over $3 million spent by patrons this past summer.
The Rock River Development Partnership is asking the City to use its redevelopment fund to pay for $2.4 million of an estimated $8.2 million project.
The mayor says he’s looking forward to continuing the momentum of the outdoor markets success.
“The fundamental element that we passed tonight supports the entrepreneurship, the incubation of businesses, and ultimately the spread of economic opportunities and jobs for our community,” said Rockford Mayor Larry Morrissey.
Mayor Morrissey says that although technically, the indoor city market is a done deal, and can move forward, it’s now up to the Rock River Development Partnership to make sure they can secure the rest of their financing and the contracts for their construction.