IOWA CITY — Foundry IRL, a joint retail space formed by eight University of Iowa student businesses, will make its grand opening to the public Friday in Coralville’s Iowa River Landing.
The businesses operating in the space are:
•Parametics, a cellphone repair shop.
All of the businesses are led by members of the UI Founders Club, a business incubator on campus, and already have a sales presence online. The group first announced plans for the shared space this August with support from Iowa City real estate developer Deanna Trumbull.
Vako Darjania, owner of Vako Design, said the Foundry IRL gives customers who prefer to shop offline a place to go.
“Because of the nature of the products we’re selling, it’s a good way to explore the actual retail,” he said. “Even though brick-and-mortars are dying out, there is still human psychology and a need for physical stores where people can touch and feel (products) before they buy them.”
The grand opening will run from 6 p.m. to 10 p.m. Friday, Oct. 19 at 920 E. Second Ave., Coralville.
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