Grocery-Anchored Residential Development is on the Rise

‘In a lot of instances, new development is going into areas that have been business districts, not where people live. One thing that comes first is residential, but what lags is grocery.’

Carrier Johnson + Culture's 7th & Market mixed-use development in San Diego, CA, is anchored by Whole Foods.
Carrier Johnson + Culture's 7th & Market mixed-use development in San Diego, CA, is anchored by Whole Foods.

Along with today’s influx of grocery retail options has been a recent movement toward using grocers to anchor residential projects — with cities, grocery stores and construction firms taking advantage of the trend.

Balfour Beatty is currently underway with a luxury residential mixed-use development in downtown Atlanta and signed a deal earlier this month with developer The Related Group to also build out a multi-story, 72,000-square-foot Whole Foods store as the complex’s anchor.

To say the project isn't an average supermarket is an understatement. In addition to the standard organic supermarket fare, the store will also offer a 5,000-square-foot pub, a 4,000-square-foot cooking school, a food delivery service, green walls and an outdoor dining area in an attempt to create a place that people want to visit socially.

(more on grocers’ involvment in residential development . . . )

Page 1 of 1693
Next Page