Community-owned grocery store coming soon, will support underserved areas of Detroit

(CBS DETROIT) - Neighborhood Grocery LLC, a community-owned grocery store concept that is set to open its first location on Detroit's eastside, will help support underserved areas of the city.

According to the store's website, "For little as $50, Michiganders can become founding investors in Neighborhood Grocery. Investors will share company profits, receive product discounts, and voting power on some operational matters. Most of all, investors are helping fund advanced and inclusive developments that represent its communities."

The store, owned by Raphael Wright, will open soon in Detroit's Jefferson Chalmers neighborhood. In an update on Facebook, Neighborhood Grocery says they are still crowdfunding to open and operate the store. 

To address the lack of groceries in Detroit prior to the store opening, Neighborhood Grocery has been delivering food boxes to residents in the Jefferson Chalmers neighborhood. 

To learn more about Neighborhood Grocery, visit here. 

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• Detroit