DETROIT (AP) - Officials say a 10-year plan for Detroit’s Eastern Market could help create up to 3,000 new food-related jobs and prompt up to $300 million in new food-related business expansions.
The Detroit Free Press reports (https://on.freep.com/1su6F8B ) projects being planned include creating a $7 million to $12 million Detroit Regional Food Accelerator; new buildings in a Food Innovation Zone; $10 million to $15 million to enclose Shed 4 and build residences atop it; and expanding the Market Garden.
The nonprofit Eastern Market Corp. operates and promotes the market. The plans come as the market this year celebrates its 125th anniversary.
The newspaper says the current market occupies about 315 acres. The plans say the market could add another 100 to 150 acres through expansion into mostly vacant area property.
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Online:
https://www.easternmarket.com
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Information from: Detroit Free Press, https://www.freep.com
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