BREA, CA—Regency Centers, a national owner,operator and developer of grocery-anchored community shoppingcenters, has closed on 8.58 acres at the corner ofImperial Highway and ValenciaAvenue in Brea, with plans to build a 87,000 square-footretail center, Village at La Floresta. The centerwill be home to the first Whole Foods Market inNorth Orange County

A groundbreaking ceremony will be held next month on the futureretail site at the intersection of ImperialHighway and Valencia Avenue. Guestspeakers will include representatives from Regency Centers, TheCity of Brea, and Whole Foods Market.

“Village at La Floresta will not only provide North OrangeCounty with its first Whole Foods, but also new and excitingrestaurants and retailers,” said John Mehigan,vice president of investments for Regency Centers in SouthernCalifornia. “We've designed this center to become the 'downtown'for East Brea, a gathering place for the community to meet, shopand enjoy.” Centralized amongst the master-planned LaFloresta community, The Village at La Floresta will besurrounded by high-end, multifamily town homes, single-familyhomes, and luxury senior living.