BlueHub Capital helped finance this grocery and the Enterprise Block next door

A grocery blooms in a Brockton food desert

Vicente's Tropical Market, Brockton, Massachusetts

For years, the long-abandoned strip mall in downtown Brockton stood as a grim symbol of the city’s sharp economic decline and city residents’ isolation and lack of opportunity. A predominantly African-American, Latino and immigrant community with an unemployment rate double that of the rest of Massachusetts, Brockton had not seen any meaningful investment in 40 years.

Working with several other nonprofit organizations, BlueHub Loan Fund, then known as Boston Community Loan Fund, joined an ambitious private/public partnership to reinvigorate Brockton’s deeply distressed downtown. The Loan Fund provided $12 million in predevelopment and subordinate financing to create 100 new permanent jobs through two key projects: the family-owned Vicente’s Tropical Market and Enterprise Block. Vicente’s occupies nearly 40,000 square feet of the old mall. The Enterprise Block is a mixed use, mixed income multi-phase project to create 210 units of housing and an additional 60,000 square feet of commercial space.

Today, Vicente’s, whose owners hail from Cape Verde, imports a wide variety of fresh foods directly from all over the world: Cape Verde, Haiti, Portugal, Central and South America—countries of origin for many Brockton residents. Immediately next door to Vicente’s is the 10,000 square-foot Brockton Neighborhood Health Center, which not only provides quality health care, but also a teaching kitchen staffed by dietitians and health workers who help residents learn to prepare nutritious meals. 

Working together, Vicente’s and the clinic developed an initiative to reduce the rate of diabetes for Brockton residents, who have nearly double the rate of Type 2 diabetes for the state.  Through cooking classes, using foods and produce familiar to the store patrons and taught in their own language, many local residents have greatly improved their health, particularly those suffering from diabetes: 84% of diabetic patients who attended these nutrition/cooking classes have measurably improved their health.  See video here.