- History. The Market has been around for a while...since 1900. See http://www.boisearchitecture.
org/structuredetail.php?id= 1376 for more info. on the history.
- Added value. Many residents selected the East End as their home in part because of Roosevelt Market. A neighborhood market like this is an amenity that adds value—economic and otherwise—to our homes in many ways.
- Subsidy to equity. Susan and Nicki (and the building owners) have invested heavily in (and taken on risk) making the Market what it is. From block parties and wine tastings to offering to maintain a 'tab' for the convenience of neighbors, their contributions and sacrifice effectively subsidize our quality of life in measurable ways.
- Safety. Whenever there are break-ins, burglaries or vandalism, Susan and Nicki know about it. The kids that attend or play at the school know they can go the Market if they need help, and chances are that someone at the market will know whom to contact if a kid's in trouble (or causing it!).
- News nexus and sense of place. The Market serves as a micro-local, human-oriented news network and neighborhood social hub. Neighbors often go there to catch up with one another and on the latest news or activity that impacts them as homeowners. It's where we post neighborhood fliers for lost pets, job or apartment opportunities, local event posters, and where we ask for recommendations on services.
- Loss of Hollywood Market. The Hollywood Market went up for sale last year and now it's historic role in the neighborhood is gone forever. A yoga studio will be a great use as well, but it's not the same. The cost of remodeling the Hollywood Market has been significant, in large part because the owners were determined to preserve the historic appearance/exterior to the extent possible.
- Limitations. The Roosevelt Market building currently sits on a parcel that is only 0.038 of an acre. Without any setback or easement, it seems impractical to replace the structure with anything new. The historic use as a market is grandfathered in. Any attempt to displace the market would be unwelcome among neighbors, to say the least. New owners could be faced with starting from scratch in terms of permitting.