Hunts Point Cooperative Market

The Hunts Point Cooperative Market is a 24/7 wholesale food market located on 60 acres (24 ha) in the Hunts Point neighborhood of the Bronx, New York City. The largest food distribution center of its kind in the world, it earns annual revenues of over $2 billion.[1]

Hunts Point Cooperative Market in 2008

Located at the Hunts Point Food Distribution Center, which houses the Fulton Fish Market and a produce market, the Hunts Point Cooperative Market is the source for approximately 50 percent of the New York region’s meat. More than 50 independent wholesale food businesses located at the Market supply food to over 22 million people in the New York metropolitan area.[1]

History
Groundbreaking ceremony, 1962

Built in 1962 as a 40-acre facility with six buildings, the Market now consists of seven large refrigerated/freezer buildings on 60 acres, with a total refrigerated space of approximately 700,000 square feet (65,000 m2), and is governed by the United States Department of Agriculture (USDA).

In 2011, the City of New York and the New York City Economic Development Corporation (NYCEDC) made significant headway in their ongoing efforts to support the Hunts Point Market in the South Bronx. In June, they reached an agreement with the Hunts Point Terminal Produce Cooperative to extend its lease for another three years, while the Cooperative and NYCEDC work together to develop a long-term plan for a larger, modernized facility in the Bronx. To this end, the City and State have each agreed to contribute capital resources and to work with the Cooperative to secure additional third-party sources of funding.[2]

Transportation

The market can be accessed from other boroughs via the Bruckner Expressway (Interstate 278) and Sheridan Boulevard (New York State Route 895). It is serviced by rail via CSX Transportation's Oak Point Yard and gets around 2700 cars per year. In 2012 the market received a $10 million federal grant to improve rail operations. Currently, rail cars and trucks share unloading docks, causing conflicts. The rail improvements are part of a $332.5 million major renovation to the market that is under negotiation.[3][4] In 2015, Mayor Bill de Blasio announced that New York would spend $150 million over 12 years to modernize the market.[5]

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References
  1. New York City Terminal Produce Co-operative Market Archived 1999-08-23 at the Wayback Machine at terminalmarkets.com
  2. http://www.nycedc.com/sites/default/files/filemanager/Resources/Brochures/NYCEDCAnnualReviewFY2011_Brochure.pdf
  3. Hunts Point Market to Use $10M Grant For Rail Improvements Archived 2013-01-26 at the Wayback Machine, June 25, 2012, Fred Dreier, DNAinfo.com
  4. Freight Rail Modernization: Improving The Freight Rail & Transfer Facility At The Hunts Point Terminal Produce Market In The South Bronx, NY, TIGER grant application, 2009
  5. https://www.bloomberg.com/news/articles/2015-03-05/nyc-to-invest-150-million-to-revamp-hunts-point-market-in-bronx
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