Construction for a new grocery store in Rockford, IL, will start as early as this fall, with the goal of opening in 2015. The project to build a Save-A-Lot on Rockford’s west side received city council approval last month. This Save-A-Lot will be a full-service grocery store with fresh fruits and vegetables, a butcher, and fresh meats, as well as more jobs for a community that needs them.
IFF plans to build the 15,000 property and lease it to Save-A-Lot, a chain of discount grocery stores. The city’s incentives to move this redevelopment forward include a contribution of up to $500,000 from its tax increment finance district and the sale of property it owns to IFF for $1. Construction is estimated to cost up to $3 million, most of which will be financed through the Illinois Fresh Food Fund, a program meant to increase access to fresh foods in underserved communities.
Tags: : Community Development Solutions, Healthy Foods