Salvation Army’s Kroc Center only $2.9 million from starting developmen

Business news story for The Commercial Appeal

May 8, 2009

The Salvation Army’s plan to build the Kroc Center on a 15-acre site at the Mid-South Fairgrounds moved closer to reality this week with the announcement of a $1 million grant from the Kresge Foundation.

The community center, on land along East Parkway south of Fairview Middle School, will be funded by a Kroc Foundation grant of $60 million. The Salvation Army is required to raise $25 million to get the Kroc grant.

Stephen Carpenter, Kroc Center director, said $21.1 million already had been promised, and the money from the Michigan-based Kresge Foundation means there’s less than $3 million to go … (read more)