THUNDER BAY --- The Thunder Bay Community Economic Development Corporation will spend $130,000 of the city’s municipal accommodation to help revitalize the former Eaton’s building in the downtown north core.
The money will be used to help the Goods and Co. Market open. Work began earlier this year and when finished, it will house a number of local businesses, offer numerous arts and culture programs and will have the capacity to host small events.
“Goods & Co. Market is an exciting and innovative economic development project in Northwestern Ontario” said Maelyn Hurley, owner and operator of Goods & Co. Market.
“Located in Thunder Bay’s expanding Waterfront District, this project will include construction and renovation of the former iconic Eaton’s building. Approximately 18,000 square feet of the building will be used to create a space for local food and merchandise vendors as well as a public common area. Goods & Co. Market will serve as an integrated food and community hub, business incubator, and art education facility.”
The money will not only help the new business become a reality, in turn it’s also hoped it can help attract tourists and local consumers alike.
“We intend to connect with organizations and individuals in the tourism and accommodation sectors to help draw visitors to the area, enhance their experience and increase their length of stay while visiting Thunder Bay. Without the support of the Thunder Bay CEDC and Tourism Thunder Bay this project would not be possible. To be accepted for the CEDC MAT Funding Program is an honour and we look forward to creating a positive and lasting impression on the tourism landscape of Thunder Bay,” Hurley said, in a release issued on Thursday.
The market will be within walking distance of the city’s cruise ship dock near the Pool 6 property and another way to connect the downtown with Thunder Bay’s waterfront.
It’s expected to open this fall.
The MAT tax is collected through a four per cent levy charged to visitors at local hotels, motels and other accommodation providers. Half the money collected is spent in support of tourism growth.
