X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AUSTIN-Whole Foods Market, based in Austin, is heading north to downtown Toronto for its first retail operation in Canada.

The world’s largest retailer of natural and organic foods is leasing 45,000 sf on two levels in the Avenue Road-Yorkville, a landmark building in the CBD. “The addition of Whole Foods is just the beginning of our long-term plan to restore The Lanes to its former position as a regular shopping destination,” says Stephen Chan, president of Max & Co. Development Inc., Hazelton Lanes owner. “The company is to food stores what another Texas company, Neiman- Marcus, is to department stores.”

The Lanes is undergoing a repositioning and renovation of spaces filled by high-end retailers. Among the plans is to make the area more amenable to daily needs, without affecting its quality retail lineup, as well as occasional shopping trips, says Chan. Nearly 10,000 residents now live in the immediate vicinity of The Lanes.

Whole Foods Market now has more than 117 stores in the United States plus subsidiaries involved in coffee roasting and distribution, seafood processing and produce field inspection. It employs more than 17,000 people in 22 states and the District of Columbia.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.