REAL ESTATE

Whole Foods Market announces plans for store on Chicago’s South Side

BY Marianne Wilson

Chicago — Whole Foods Market plans to open an 18,000-sq.-ft. store on Chicago’s South Side, in the impoverished Englewood neighborhood, in 2015. The store will be built as part of a larger development at the northwest corner of South Halsted and West 63rd Streets. The retail portion of the site is being developed by DL3.

“We look forward to joining organizations and community members to envision and develop a store that meets the needs of Englewood,” said Walter Robb, co-CEO of Whole Foods Market. “We believe that fresh, healthy food choices along with information and education about food should be accessible for all communities. We hope that our efforts on Chicago’s South Side and in other communities across the country, combined with the work of others, will help make a meaningful impact on the health of our nation.”

Partnering with Whole Foods Market to bring a full-service grocery store with healthy and affordable options into the Englewood community is part of Mayor Emanuel’s economic development and food access plans, which includes efforts to work with the community and local businesses to develop the areas surrounding the new Whole Foods Market.

“I have worked with Whole Foods Market for the last year and a half to invest in one of our oldest neighborhoods and address a pressing need for fresh, healthy food, and I’m proud to announce this wonderful new facility that will help meet this need while creating a strong economic anchor in this community,” said Mayor Emanuel. “This store will not only provide these important resources, but it will also create jobs and spur economic growth — a true win-win.”

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REAL ESTATE

Corner Bakery Café expanding in Northeast Florida, Tampa, and San Diego

BY Staff Writer

Dallas — Corner Bakery Cafe continues to expand as it moves forward on its goal to more than double its U.S. footprint in the next three to four years. The company announced plans to expand in several areas, including Northeast Florida, Tampa, and San Diego.

Corner Bakery Cafe said it will open as many as ten new restaurants in Northeast Florida as part of a new multi-unit restaurant franchise agreement with Lee-Wesley Group. These will be the first Corner Bakery Cafes in the Northeast Florida area.

The fast-casual restaurant chain will open as many as 14 new locations in the Tampa area as part of a new multi-unit restaurant franchise agreement with CB Restaurant Holdings, LLC.

In San Diego, the company will open up to nine new restaurants as part of a new multi-unit restaurant franchise agreement with FEAST California Café.

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Atrium acquires Galeria Dominikanska

BY Michael Fickes

Wroclaw, PolandAtrium European Real Estate has acquired the Galeria Dominikanska shopping center in the Polish city of Wroclaw for E151.7 million, according to Dentons Europe, which advised Atrium on the transaction.

Atrium owns operates and develops retail real estate and shopping centers in Central and Eastern Europe.

“This transaction highlights the growing levels of activity in the Polish real estate market, which we expect will continue,” said Evan Z. Lazar, real estate co-chairman of Dentons Europe.

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