Slow Money NC is considering organizing a fundraising effort for a downtown Raleigh grocery store near Mordecai and Oakwood neighborhoods.
There will be a meeting 6-8 p.m. Monday at Market restaurant at 938 N. Blount Street in Raleigh for residents to learn how they can engage in this project as investors, supporters and consumers.
Market chef Chad McIntyre and Josh Whiton of Raleigh City Farm are interested in opening a grocery store adjacent to the restaurant’s new location in a revitalized building on Franklin Street between N. Person and Blount streets. (Escazu Chocolate, Yellow Dog Bakery and a local leather artisan are planning to move to this building as well, according to the press release.
Slow Money NC, based in Pittsboro, raises money from local people to offer affordable loans to sustainable farmers and local food business owners. In two years, they have helped loan almost $600,000.