Regency Centers Corporation (NYSE: REG), a national owner, operator and
developer of grocery-anchored community shopping centers, is proud to
announce a groundbreaking ceremony for the start of construction on a
new 40,000 square foot Whole Foods Market®. The new store,
located 25 miles from downtown Chicago in Schererville, Ind., is
projected to open in the fall of 2015, joining existing tenants
Homegoods, Gordmans, Ross Dress for Less, DSW Designer Shoe Warehouse
and many others. The Shops on Main center is located along
Schererville’s main corridor at the high-volume intersection of Route 41
and Main Street. The center sits in a prime location of a thriving
market with over 100,000 residents living within the primary trade area.
A view from the groundbreaking ceremony marking the start of construction on the new 40,000 square foot Whole Foods Market. (Photo: Business Wire)
“We are proud to join the Schererville community and share with the
residents our fresh, natural and organic products,” says Michael Bashaw,
Midwest Regional President, Whole Foods Market. “We have received many
requests to locate a store in this area and our team members are looking
forward to opening another store in the great state of Indiana. We have
customers in the community who are driving long distances to shop at our
stores and are happy to now be able to offer them the convenience of
having a local store of their own.”
Town officials as well as members of the Whole Foods Market, Boyer
Properties, and Regency Centers, gathered for the official
groundbreaking. In addition, Whole Foods, Boyer and Regency Center
presented the Food Bank of Northwest Indiana with a donation of $5,000
to help further their efforts of ending hunger throughout the region.
Whole Foods Market has been the world’s leading natural and organic food
grocer since opening its doors in 1980. The new store will help usher in
a new wave of retailers that will be a welcomed addition to the
Schererville community. Boasting more than 385 stores in the U.S.,
Canada and United Kingdom, the company maintains a strong commitment to
sustainable agriculture, community reinvestment and environmental
stewardship.
“It is a very exciting time to see Shops on Main continue to raise the
bar as the preeminent shopping destination in Northwest Indiana, which
would not have been possible without the support of the Town,” said Nick
Wibbenmeyer, Senior Vice President and Senior Market Officer at Regency
Centers. “We are thrilled to have Whole Foods Market lead the way for
our second phase of development and join our existing first-class
retailer mix.”
About Regency Centers
With more than 50 years of experience, Regency is the preeminent
national owner, operator and developer of high-quality, grocery-anchored
neighborhood and community shopping centers. The company’s portfolio of
332 retail properties encompasses over 43.9 million square feet located
in top markets throughout the United States, including co-investment
partnerships. Regency has developed 215 shopping centers since 2000,
representing an investment at completion of more then $3 billion.
Operating as a fully integrated real estate company, Regency is a
qualified real estate investment trust that is self-administered and
self-managed.
About Whole Foods Market®
Founded in 1980 in Austin, Texas, Whole Foods Market (wholefoodsmarket.com),
(NASDAQ: WFM), is the leading natural and organic food retailer. As
America’s first national certified organic grocer, Whole Foods Market
was named “America’s Healthiest Grocery Store” by Health
magazine. The company's motto, “Whole Foods, Whole People, Whole
Planet”™ captures its mission to ensure customer satisfaction and
health, Team Member excellence and happiness, enhanced shareholder
value, community support and environmental improvement. Thanks to the
company’s more than 78,000 Team Members, Whole Foods Market has been
ranked as one of the “100 Best Companies to Work For” in America by FORTUNE
magazine for 15 consecutive years. In fiscal year 2013, the company had
sales of $12.9 billion and currently has more than 360 stores in the
United States, Canada and the United Kingdom.
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