Urbanspace, The Largest Food Hall Operator In The United States, Closes $7.0 Million Investment With Feenix Venture Partners

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Urbanspace cultivates creatively rich environments, places where local makers collaborate, exchange ideas, and showcase their wares. Fostering community, transforming city spaces and providing platforms to help artisans and entrepreneurs succeed: These are our motivations. We build our markets in vibrant thoroughfares, bringing a dynamic array of food and design to unexpected public venues. Urbanspace began in London in 1972 as Urban Space Management, the brainchild of developer Eric Reynolds. During its decades of existence, the company has revamped derelict city spaces, conserved heritage buildings, and created vibrant new places for community and commercial gathering. Its formula: imaginative promotion, close involvement with the arts and, above all, nurturing of small business. In 1994, one of the London team's key players, Eldon Scott, decamped to New York and launched the company's American outpost. In the years that followed, Urbanspace has helmed market projects across the boroughs, from Columbus Circle to Downtown Brooklyn. Continuing the London precedent, Urbanspace uses markets as a way to give back to New York's residents and tourists by stimulating economic growth and providing vibrant meeting places that draw millions of annual visitors. The Union Square and Columbus Circle Holiday Markets, Mad. Sq. Eats, Broadway Bites, Dekalb Market, and the new Urbanspace Vanderbilt are but a few of the food and design market spaces Urbanspace has created in the heart of New York City.