Wild Root Market will be located at 500 Walton Ave in Racine on the northwest corner of Walton and Wisconsin. The property is just west of the Racine Zoo and just north of the intersection at Goold and Main.
The location is strategically positioned to be a true neighborhood store and will bring a much-needed resource to this residential area. We are confident this site provides the attributes required for a successful store. It is right-sized, centrally located, and offers ample parking both at the site and across Walton in the lot at 2214 Wisconsin. Preliminary plans for our store include all the departments you'd expect, plus a community gathering area and deli.
Our design team including the local architectural firm, Butterfield, Rudie & Seitz, local builders Bukaceck Construction, as well as national co-op consulting firms CDS and FCI has completed preliminary due diligence, preliminary inspections (including Phase I environmental and hazardous materials assessments), and preliminary store design. Conceptual renovation and equipment budgets are in line with our market study sales projections on the site.
Achieving our goal for $1.125 million in owner loans was the first step towards securing the necessary funding for the project. We are working to raise the remaining needed funds with plans to close on primary financing and begin renovations this year.