Residents in and around Orange Mound, Tenn., now have access to better food choices for their families. The long-awaited Superlo at 2269 Lamar held its grand opening on December 4th with Memphis Mayor Jim Strickland and Grizz helping to kick things off. This is a much-needed grocery store for the nearly 100,000 residents who are in the middle of a current United States Department of Agriculture defined food desert.
The new Superlo location was aided along with the approval of a 15-year Community Builder PILOT and a $100,000 low interest loan to go along with another $100,000 from the city for the project. The new location brings 28 full-time grocery store positions earning an average of $35,500 as well as several part-time positions.
Beyond that, the project should generate $3,194,427 in local tax revenues during the PILOT term. This is the fifth grocery store to be approved by the EDGE Board in an area with limited food options.
(Click to Expand)
There are no comments
Please login to post comments