The Thai Town Marketplace Breaks Ground Launching the Thai Community Development Center’s Latest $2.95 Million Community Enhancement Endeavor
Thai Town, Los Angeles, CA – On Thursday, September 22nd, the Thai Community Development Center (Thai CDC) celebrated a ten year victory at the ground breaking of the Thai Town Marketplace (TTMP) located at 5448 Hollywood Blvd., Los Angeles, CA 90027. The marketplace is Thai CDC’s current endeavor towards improving Thai Town, providing jobs for the economically disadvantaged and offering the community its next taste of culture. The $2.95 million project is a transit-oriented public market and social enterprise that “incubates” businesses nurturing them until they are viable entities ready to stand on their own.
“I support the goals of the Thai Town Marketplace, which will be a small-business incubator in the heart of a thriving cultural community within East Hollywood,” says Councilman Mitch O’Farrell. The councilman’s support was backed by a $1.2 allocation from the City of Los Angeles that the Representative for District 13 authored.
“This is a community-based economic development strategy that creates 26 jobs and 12 microenterprises and provides a synergy with our farmers market that is right outside the market doors on Thursday afternoons,” says Chancee Martorell, Executive Director of the Thai Community Development Center. “We are building health and wealth zones in the Los Angeles Promise Zone designated by President Obama as part of his signature anti-poverty initiative fulfilling the objectives of creating jobs and boosting public safety.”
The Royal Thai Consul General, Tanee Sangrat who just arrived at his post this summer, attended his first Thai CDC event with exuberance and conviction as he spoke of the impact of this project and others. The Consul General is partnering with Thai CDC to plant 18 trees this December to help improve Thai Town while honoring the King of Thailand’s 89th birthday.
Press Release: Thai Town Marketplace Groundbreaking