Downtown Building Acquired for Innovative Concept

Adams Fourth Holdings, LLC announces the acquisition of long-vacant building at 322 Adams
Street located between the Old State Capitol Site and the Current State Capitol in historic
downtown Springfield. “It will bring to fruition a new innovative food and beverage concept”
says David Lee, president of Sangamo Ventures Group, LLC, one of the Managing General
Partners and spokesperson for the project named, The Public Market, Inc. Lee describes the
venue as “one of the most unique spaces in Central Illinois featuring a Rooftop Bar!”

The Public Market, Inc. will include a multi-level food hall with at least 5 restaurant-themed
vendors that will be offering varied menus, Farm to Table dining, three bars including a Beer
Garden with entertainment. The venue plans to feature ILLINOIS Craft beers and ILLINOIS Wines
from all around the State! It will be a unique venue to promote Illinois beers and wines to locals
and tourists. “On our second floor will be more upscale dining with a spacious observation
deck over the Beer Garden, and we are most excited about one of the first Roof- Top Bars in
central IL–with views of BOTH Capitol domes in downtown Springfield!” explains Lee. The
venue will also host a variety of unique event space rentals.

After a full briefing about the project, Springfield Mayor Jim Langfelder says, “The Public
Market adds a new dynamic to Downtown Springfield that you typically see in bigger cities.
This multi-venue entertainment space will bring unique features, like a roof top bar, which
are exciting additions to the heart of our city.”

“This exciting, new project checks off a lot of boxes for Downtown Springfield. In 2016, we
identified that a lack of rooftop space was a big miss for our neighborhood, and we’re excited
that Public Market will launch the first activated rooftop for public use. This project fits well
with our already strong food culture. And it solidifies the rebirth of Adams Street by giving a
building that has sat vacant for most of the last 30 years a new life,” said Lisa Clemmons
Stott, Executive Director of Downtown Springfield Inc.

“Downtown is so important to the City’s overall health. We are extremely excited to bring
this innovative concept with Springfield’s first rooftop bar to Downtown. This will be a great
addition to the revitalization efforts already happening and will be a destination for both
visitors and residents all over the city!” said David Lee. The Managing Partners of Adams
Fourth are Sangamo Ventures Group, LLC and New Heartland Ventures, LTD. The
Public Market, Inc. plans to be open Summer 2021.

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