For Immediate Release
February 25, 2013
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Mayor Thomas M. Menino, Department of Neighborhood Development (DND) Director Sheila Dillon, and Foodie’s owner Victor Leon today celebrated the Grand Opening of South Boston’s newest grocery store, Foodie’s Market. A $1.4 million investment by the City of Boston’s Office of Business Development (OBD) was made possible by American Recovery and Reinvestment Act (ARRA) funding, and will create more than 40 new jobs in Boston.
“This new Foodie’s Market in South Boston is a great example of how the American Recovery and Reinvestment Act is directly benefitting our neighborhoods,” Mayor Menino said. “These funds help support people like the Leon family have been so committed to the City of Boston for more than a decade. We thank the Leon family for investing in the future of this community, and congratulate everyone who worked so hard to make this West Broadway store a reality.”
Known for its diverse selection of grocery items and commitment to the community, Foodie’s Market has served the South End community for 14 years from its location at 1421 Washington Street.
The $3 million new Foodie’s Market’s is located in an expanded, previously vacant 7,700-square foot storefront at 240 West Broadway in South Boston. The expansion was financed in part by a $1,445,000 small business loan through OBD, funded with ARRA and108 loan funds provided by the U.S Department of Housing and Urban Development (HUD). OBD and the Mayor’s Office of Neighborhood Services also provided substantial technical assistance related to permitting and licensing.
Federal stimulus funds have enabled the City of Boston to help small and local businesses across the city, helping to solidify the city’s path to economic recovery. To date, the City of Boston has provided a total of $2.8 million in ARRA funding to 25 small businesses and mixed-use developments around Boston. These investments, combined with other funds, have resulted in the creation of more than 775 jobs in the City of Boston.