Cleveland's West Side Market to Transition to Nonprofit Management
This is part of the 111-year-old institution's long-term strategy
Cleveland is preparing to hand day-to-day management of the city-owned West Side Market over to a non-profit, as part of a long-term strategy aimed at bringing more vibrancy and financial stability to the 111-year-old institution.
Cleveland City Council on Monday is expected to pass legislation allowing the city to enter a 10-year lease agreement with the Cleveland Public Market Corporation, which was created months ago in anticipation of the move to a non-profit management structure. Its board is headed by David Abbott, former president of The George Gund Foundation.
Mayor Justin Bibb intends to get the lease finalized in the coming weeks, so the city can formally begin the transition as soon as possible. Under that lease, Cleveland would still own the market, but operations would be overseen by the nonprofit.
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