Development

Crescent to break ground for uptown Whole Foods development next month

Crescent Communities plans to break ground Jan. 6 on a new development uptown that will be anchored by a Whole Foods.

In addition to the grocer, the plan calls for up to 450 apartments and two hotels on the Stonewall Street site next to the Lynx Blue Line light rail. Crescent said the project’s opening is planned for 2018.

The 47,000-square-foot Whole Foods will be tied in to the Stonewall Street light rail station, allowing easy pedestrian access. The store will also feature a rooftop eating area and bar overlooking the city.

Crescent bought the parcel of land that most of the development is on from the city for $10.3 million. The Whole Foods will be uptown’s second supermarket, joining the Harris Teeter at Fifth and Poplar streets.

Charlotte-based Crescent is also working on a new office tower and hotel at Stonewall and Tryon streets, called Tryon Place, that is set for completion in 2018. The company hasn’t set a groundbreaking date for that project yet, but site work is expected to start soon.

Ely Portillo: 704-358-5041, @ESPortillo

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