This is the third article in a series that began a few weeks ago. In early 2005, the results of a market study for the Columbia Market House were revealed. In this week’s installation of this series, we list the consultant’s presentation of the recommended operation of the Revitalized Columbia Public Market.

Curiously, the recommendation is to turn the operation over to a not-for-profit entity, which is exactly what it is progress at this time. This recommendation took over five years to implement; why?

The Recommendation

“Operating markets is much more competitive today and cities are no longer the best option for running them. This is borne out in many places where  cities have stepped aside and turned over control of their markets, while standing by to provide backup support and maintain their obligation to publicly owned real estate.

Based upon current trends that are working in other cities and from specific information in Columbia, we recommend that the Borough enter into a carefully considered lease with a non-profit entity to manage and take the lead in reopening the historic Columbia Market.

There are existing 501 c(3) organizations which have expressed interest in taking on this role. (Wonder which organizations they were?)

The Borough must draft a lease that protects and encourages public goals while allowing the market to unleash its inherent entrepreneurial opportunities.

A not-for-profit management entity at the Columbia Market House will be better able to:

• Coordinate public and private interests
• Allow for flexible, entrepreneurial management
• Raise funds from private donors and foundations
• Increase potential for state and federal grants
• Work with small vendors
• Make decisions quickly
• Attract volunteers
• Establish strategic partnerships
• Promote the market
• Recruit farmers, minorities and immigrants
• Create a welcoming atmosphere
• Listen to Customers

Columbia news, views & reviews will delve into these findings over the next several weeks on Thursdays.