That will put Nourish right across the street from the soon-to-open Stanley Marketplace — the original location that the board had hoped would house the co-op. Shifting timelines for both Stanley Marketplace and Nourish made that an unrealistic goal, but the new physical address is a big step in getting the market open.
The co-op currently has more than 750 member-owners and is planning a membership drive to push that number over 1,000. Membership fees are $200, and the co-op will also be offering non-voting shares to members who wish to invest additional money in the project, with a goal of raising $1.5 million in equity.
The condo complex is part of the planned Westerly Creek Village development, a city of Aurora urban-renewal project that butts up against the southeast edge of Stapleton, an area currently dominated by aging industrial and commercial buildings. Two other food co-ops are also in the works for metro Denver: the Westwood Food Co-op on Morrison Road, and the West Colfax Food Co-op, which has yet to announce a physical address.