Competition for Restaurant Space in North St. Louis

By Brian Feldman, KMOX Reporter

ST. LOUIS (KMOX) – There is a space in North St. Louis right near Crown Candy that’s fitted for a restaurant, and anyone has the opportunity to take it over.

It’s called the Fantasy Food Fare Business Competition, and it’s being put on by three local organizations: Equifax, Rise, and the Small Business Technology and Development Center.

This fall, the public can submit a business proposal to open up a restaurant in that space. A winner will be declared around the first of the year. That business will get two years in the space free of charge along with some advertising support. It’s possible they could get even more, such as help with a website.

“There are some things they’ll need to bring in themselves, but they won’t have to sink money into a big walk-in freezer and a big ventilation hood because we’ve built that in already for them,” RISE President Stephen Acree said.

“Anyone can put in a proposal. It is geared towards start-up kinds of businesses. It doesn’t have to be brand new. It can be an existing business.”

The goal is boost economic development in North St. Louis and stop the divide between different parts of the city.

“This is sort of one small effort to sort of break that barrier further and establish a business there that can be successful,” Acree said.

The application process is open to anyone, but it has to be a restaurant. No preferential treatment will be given based on the type of food served.

Anyone interested in submitting a proposal can contact Equifax, Rise, or the Small Business Technology and Development Center for more information.

(TM and Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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