The Northeast Community Co-op Market (NCCM) officially launched its public membership campaign to recruit 600 additional member-owners by the end of the calendar year today. The Northeast Community Co-op Market is seeking to open a community-owned grocery to serve the communities of Stapleton, North Aurora, Park Hill, East Colfax, Lowry, and Montclair.
The market will be member-owned, but open to the public and will carry locally-sourced, natural, and organic products, including meat, dairy, frozen foods, health and beauty products, and beer and wine. The co-op is currently considering several sites in North Aurora and Stapleton, including the Stanley Marketplace at E. 25th and Dallas St. The Northeast Community Co-op Market concept was developed by a group of residents that had grown frustrated with the lack of grocers in the Northeast Denver metro area that specialize in farm-fresh, local, and organic products.
Over the past two years, the group has diligently built a plan around a 9,000 square foot cooperative market centered on the vision of an inclusive and vibrant community hub that will enrich the neighborhood and meet the needs of the community, while decreasing the physical and social distance between producers and consumers. NCCM incorporated as a Colorado cooperative in late-July and has managed to recruit 268 members in just six weeks.
The co-op needs just over $2 million to open a storefront and a major component to the funding plan is to increase its member-ownership to over 1,500 by the time it opens its doors. Member-owners make a one-time $200 equity investment – their share in the co-op market. Member-owners will have a number of benefits, including special discounts, dividend shares when the co-op becomes profitable, and, most importantly, a voice in shaping what the co-op will be. For more information, visit www.northeastco-op.org.