Seattle’s iconic Pike Place market survives on financial safety net
The community has raised $ 120,000 so far to keep Seattle’s iconic Pike Place Market afloat.
With Washington residents ordered to “stay home, stay healthy” at the moment, the generally bustling Pike Place Market is a quiet sight these days.
Hundreds of small businesses and thousands of employees who fill the marketplace every day have been directly affected by the coronavirus crisis in Washington.
Only a few suppliers are considered essential and still able to operate. But the community that makes the market does not worry about their survival. They were built for it.
The Pike Place Market Foundation was established in the 1980s and has a unique approach to helping distressed sellers. it’s called Community market safety net funds. The community has raised over $ 120,000 so far, and it continues to grow.
Sosio’s Fruit and Produce is a Pike Place institution and has been around since the 1940s. Mike Osborn still sells his fresh produce and wanted to help his struggling neighbors, such as flower growers deemed non-essential and unable to settle in the market.
Osborn came up with the idea of ââselling their flowers for them and raised the price to support the cause. Every day, he buys dozens of bouquets and offers them for sale alongside his usual items.
In eight days, he sold more than $ 20,000 worth of flowers and donated all of the proceeds to the foundation and to the farmers themselves.
âIt doesn’t surprise me that we raised $ 20,000 in 8 days because that’s what this community does!
The Osborn stand remains open 7 days a week at Sosio on the market.
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