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Chatham Marketplace finds a home in renovated mill

By Kathleen Conroy
Posted Saturday, April 2, 2005

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Local co-op grocery signs lease for space in Chatham Mills

Pittsboro, NC - Chatham Marketplace, your local co-op grocery, currently owned by 600 area families, has signed a lease for 5,000 square feet of space in Chatham Mills. The co-op plans to open for business November 1, 2005. Chatham Mills is an 80,000-square-foot former textile mill located just north of Pittsboro’s traffic circle at 480 Hillsboro Street/U.S. 15-501N. Chatham Mills plans to attract more retail businesses as well as provide a performing arts space as they continue their renovations.

Melissa Frey, Project Manager of Chatham Marketplace, is very pleased with the site and the synergy between the missions of the co-op and the Mill. “The CM Board is thrilled that the co-op will be centrally located in the historic Chatham Mills. This is an incredible opportunity for Chatham Marketplace and the Mill. It feels great knowing the co-op will play a big role in bringing this important site back to life, in a new way, for the community.”

The Mill site will provide ample green space for an outside seating and gathering area. The current plans call for a small indoor seating area as well. The next steps for the co-op and the Mill include completing design work and a full site plan. Chatham Marketplace is working with Alicia Ravetto, a Carrboro based architect who is known for her work on “green” projects where she uses environmentally sensitive designs with a focus on renewable energy and energy efficiency.

The CM Board is currently working to bring on a General Manager in the next 60 days. Additionally, the Board is continuing to work to meet its goals of having 750 owner households and raising $300,000 in investment funds. These goals will provide Chatham Marketplace with the equity it needs to close on a $550,000 business loan from the National Cooperative Bank in Washington D.C.

ABOUT CHATHAM MARKETPLACE
Chatham Marketplace, Your Local Co-op Grocery, anticipates opening in Chatham Mills on November 1, 2005.

Chatham Marketplace will offer a full selection of organically and sustainably grown produce - as much as possible from local growers. The market will also sell a full line of sustainable grocery and dry-good products including deli, bakery, meat, bulk, dairy, vitamin and health and body care items. Chatham Marketplace also offers the many benefits of community ownership.

 
Related info:
Chatham Marketplace
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Chatham Marketplace finds a home in renovated mill

Related info:
Chatham Marketplace
 
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