NewBo City Market gets big boost from Vision Iowa - KWWL - Eastern Iowa Breaking News, Weather, Closings

NewBo City Market gets big boost from Vision Iowa

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CEDAR RAPIDS (KWWL) -

The plans for the NewBo City Market in Cedar Rapids got a huge boost in the form of a $750,000 Vision Iowa Community Attraction and Tourism grant. 

The $5.4 million dollar project would create a year-round public market in the New Bohemia neighborhood and would allow people to shop from small food entrepreneurs, farmers and artisan sellers.

On top of the $750,000 grant, the project also received a no-cost lease/purchase agreement from the city of Cedar Rapids for the buildings and site valued at $1.2 million.  The Vision Iowa grant is contingent upon completion of the capital campaign, Growing Cedar Rapids, within five months.  Leaders hope to close out the campaign in the next 150 days.

"We are very happy to be receiving this significant grant from the State of Iowa Vision Iowa organization, which recognizes the importance of the NewBo City Market as an exciting new destination for the region," Sarah Ordover, president of the Cedar Rapids City Market, Inc. board of directors, said in a written statement. "We are grateful to the Vision Iowa CAT committee, the Cedar Rapids Mayor, City Manager, and City Council for all their hard work on our behalf."

The project would convert the former Quality Chef warehouse into an 18,000 square foot Market Hall with 6,000 square feet reserved for permanent vendor space and another 6,000 square feet of flexible space for seasonal and day sellers, specialized markets and fairs, concerts, private events, and activities.

Up to three thousand square feet will be used as a distribution center for low-income and social service activities as well as a distribution and storage center for vendors.

The remaining space will be used for offices, restrooms, a commons area and storage.

Designers are also planning outdoor areas for seasonal vendors, concerts, a children's play area and parking. 

Leaders say the NewBo City Market will revitalize an area that was hit hard by the 2008 flood.  They estimate 1,500 to 3,500 people will visit the market every week and tens of thousands will come yearly for special events.

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