City Market Building may need funding help from taxpayers - WSLS 10 NBC in Roanoke/Lynchburg Va

City Market Building may need funding help from taxpayers in upcoming years

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The City Market building in downtown Roanoke continues to make improvements since re-opening for business back in 2011.

Leaders of the Market Building talked about the advances they've made to Roanoke City Council members, but they also discussed they may be needing some help.

The Market Building has a current reserve of $550,000. The building operators expect that to last another three years. 

However, once the money is gone, they plan to ask the city for help, meaning taxpayers may be splitting the bill.

The Market building leaders did also highlight the progress they made since re-opening. They say they are at 92% occupancy, with only one more retail space to fill.

About a month ago, the building extended it's hours, giving business owners more flexibility to better serve their customers.

Charter Hall has re-vamped rental rates and is booked until 2015.

 

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