Skip Navigation
 
 
 
 
 
 

Brown’s Fresh Grocer at Monument

Topic Healthy Food
Geography Pennsylvania

Reinvestment Fund financed the construction of a new Brown’s Fresh Grocer in Philadelphia. Brown’s Super Stores renovated a former Pathmark store in a USDA Low Income Low Access area.

The new Brown’s Fresh Grocer at Monument Road sits in the Wynnefield Heights neighborhood in Philadelphia, a community that is considered a USDA Low Income Low Access area. This area has a median family income of 62.5% of Area Median Income (AMI) and a 20% poverty rate. The operator, Brown’s Super Stores, purchased the former Pathmark store and renovated the facility into an energy efficient Fresh Grocer.

Reinvestment Fund provided a leverage loan for the NMTC transaction that will construct the store. Capital for Reinvestment Fund loan included $500,000 from federal Healthy Food Financing Initiative (HFFI), $4 million from the PA Fresh Food Finance Initiative (PA FFFI), $2.39 million from Reinvestment Fund’s Core Loan Fund, and $3 million participation from Boston Community Capital.

The 57,000-square-foot Fresh Grocer is a full-service store with a large emphasis on providing fresh products at low prices. The store also created at least 157 jobs, of which 25% were former Pathmark employees who had lost their jobs in the A&P bankruptcy.

This is Brown’s 13th store and its second Fresh Grocer location. Owner Jeff Brown and his company have been recognized as national leaders in serving low-income communities and attributes their success to community engagement, employment of local residents, and the customization of stores to reflect the local diversity.

Latest Insights

 
 

The Crossings at Brick Church

 
 

Greenmount Office and Local Production Center

 
 

A West Philadelphia Small Business Scales Up