Cleveland: Whole Foods Market will relocate its existing store on Chagrin Boulevard to the state-of-the art Pinecrest development

ORANGE VILLAGE, Ohio, 2015-11-5 — /EPR Retail News/ — Whole Foods Market, in partnership with Fairmount Properties and their joint venture partners, announced today it will relocate its existing store on Chagrin Boulevard to the state-of-the art Pinecrest development. The new 45,000-square-foot store will be a part of the $230 million project located at I-271 and Harvard Road in Orange Village, Ohio.

“Whole Foods Market will be an extraordinary addition and a natural fit for Pinecrest,” said Randy Ruttenberg, principal at Fairmount Properties. “This exciting announcement will further Pinecrest’s unmatched experience given the number of best-in-class retail, restaurant, home and entertainment operators already committed.”

“We are proud of our history serving the Cleveland community,” said Scott Allshouse, president of Whole Foods Market’s Mid-Atlantic Region. “So, in an effort to continue to evolve and improve our commitment, we’re investing in this neighborhood, our customers and team members. This new site will help us continue to strive for the best experience possible with every trip to a Whole Foods Market.”

Whole Foods Market will join an impressive lineup of retailers, many of which are first-to-market for northeast Ohio. These include REI, a popular outdoor recreation store, Silverspot Cinema, a movie theater where guests enjoy dinner and drinks from luxurious leather seating, Pinstripes, a popular Italian bistro offering bowling and bocce, and Old Town Pourhouse, a vibrant, high-energy neighborhood restaurant and tavern.

Demolition is complete and site work is underway at Pinecrest.  When finished, this 58-acre mixed-use development will offer 400,000 sq. ft. of retail space featuring an eclectic blend of national, regional, and local stores, chef-driven restaurants, and entertainment venues. It will also include a mix of 150,000 square feet of class-A office space, a 150-room boutique hotel, and 90 new apartments, all with easy access along Interstate 271. Phase II, six months behind phase I, will feature several hundred residences tailored to a wide range of lifestyles – young professionals and empty nesters alike.

Fairmount Properties is serving as the lead developer for the project, working in a joint venture with Lennar Commercial, along with members of the DiGeronimo Family, long known in the community for their success at Independence Excavating and Independence Construction, as well as Lewanski Development.

EXPERTS

Scott Allshouse

President – Mid Atlantic Region

Scott Allshouse’s career in the grocery industry has spanned three decades, beginning at age 15.