Filling a Hole: The Reinvestment Fund and Progress Plaza

In underserved urban areas, commercial real estate development finance must often factor in government and local policy, community politics, environmental revitalization, ethnic markets, and mixed-use commercial development. In this case, the Reinvestment Fund and the Pennsylvania Fresh Food Financing Initiative join forces to provide access to quality groceries, something often lacking in urban areas. But redeveloping the Progress Plaza location where the new supermarket would be located did not come without headaches.