PORTLAND, Ore. (AP) – The Portland Mercado – a hub for Latino food, culture and entrepreneurship – is officially open.
The market, which includes food carts, a bar, a coffee shop and other Latino-themed businesses, holds its grand opening on Saturday, with music, dance and family activities.
The Mercado is a project of Portland nonprofit Hacienda CDC, which runs a microbusiness incubator program for immigrants. The group will continue to train aspiring entrepreneurs at the Mercado and will also offer kitchen space.
The $3.2 million project was financed by grants and a loan from the Portland Development Commission. The commission also owns the land and will lease it to the market for $1 a year for five years.