But that’s not the only good news that was shared at the market’s community meeting tonight.
The food co-op has now sold about 1,385 shares, which is nearly 70 percent of the its membership goal.
The market seeks to have at least 2,000 members by the time the grocery store opens, which is planned for 2019, supporters say. The market had about 920 memberships in mid-May.
Gem City Market will be built on a vacant lot on the 400 block of Salem Avenue and will involve the former Ken McCallister Inc. art supply property at 300 Salem Ave.
Market supporters say do not yet know if the vacant art supply structure will be renovated and incorporated into the project or if it will be demolished.
This is the second major financial boost the market has received in the last 10 days. Last week, Dayton Mayor Nan Whaley accepted a $150,000 CommunityWINS grant, from the American Conference of Mayors and Wells Fargo.
RELATED: Mayor Whaley accepts national grant for Gem City Market
KeyBank wants to lift up the communities it serves, and this will give the community a place where it can get healthy food, said Joey Williams, KeyBank president.
“I think Gem City Market will be an incredible addition,” he said.