City Council OKs $75,000 Loan to Nature’s Bin
Natural foods grocery store plans to expand into the former McDonald’s on Sloane Avenue.
Nature’s Bin and its parent company Cornucopia — the Lakewood-based natural foods grocery store — got a boost from the city of Lakewood on Monday. City council OK’d a $75,000 economic development loan for the company’s expansion into the site of the former McDonald’s site, where Nature’s Bin looks to expand its job training programs, catering service and office space. “I think Cornucopia is an important stakeholder in our community,” said at-large councilman Ryan Nowlin. The loan — approximately 12 percent of the total $618,000 project — is “forgivable over five years as long as (the) project meets job creation goals.” “We’re in the final stages,” said Scott Duennes, the executive director of Cornucopia, following council's approval. He …
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