The Clifton neighborhood had been without a fresh food grocery store since 2011. The long awaited Clifton Market is now open with the help of Finance Fund Capital Corporation (FCAP). Partnering with Shared Capital Cooperative, FCAP purchased a $712,000 participation in a $1,096,000 loan for equipment and inventory. Another partner, National Cooperative Bank provided funding for real estate and leasehold improvements. Together, the partners provided total funding of $2.97 million.
The 29,000 sq. ft. full-service supermarket was completely renovated, adding efficient coolers and refrigerators, LED lighting and restoring the building’s original ceiling tiles. Serving 30,000-40,000 college students residing in the greater Clifton area, Clifton Market offers produce, meat, seafood, dairy, bakery, prepared foods, and household products along with in-store cooking classes and interactive video kiosks that share nutrition information and recipes.
On the evening of January 26th, there was a store-wide scavenger hunt and food tasting for adults and children. The store hosted a Blue Jeans and Black Tie Gala from 6 p.m. to midnight on Friday, January 27th which featured a silent auction, a Taste of Clifton Market that showcased each department, a treasure hunt and live music by Mike Grathwohl of the Modulators. The three day opening festivities culminated on Saturday, January 28th, with an official ribbon cutting ceremony and a community parade consisting of 135 grocery carts that rolled throughout the store.
The Clifton Market Gala Opening was a great event! The impressive turn out included an eclectic, diverse array of people. The crowd seemed excited for the opening while they shopped, enjoyed numerous food and beverage samples and danced to the live musical mix consisting of blues, classic rock and country. The community really came together in appreciation for the opening of this long awaited supermarket.