Riverchase Village Shopping Center: Difference between revisions
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[[Southpace Properties]] had some success in recruiting stand alone restaurants to outparcel sites, and later secured a 20-year lease for [[Whole Foods]]' second [[Birmingham area]] location. Construction of the new anchor was slow, going on for nearly three years between the announcement in November [[2014]] and the opening in October [[2017]]. The City of Hoover awarded developer [[Riverchase Lorna LP]] a 50% abatement for sales tax receipts exceeding those in the year prior to Whole Foods' opening. | [[Southpace Properties]] had some success in recruiting stand alone restaurants to outparcel sites, and later secured a 20-year lease for [[Whole Foods]]' second [[Birmingham area]] location. Construction of the new anchor was slow, going on for nearly three years between the announcement in November [[2014]] and the opening in October [[2017]]. The City of Hoover awarded developer [[Riverchase Lorna LP]] a 50% abatement for sales tax receipts exceeding those in the year prior to Whole Foods' opening. | ||
In late [[2018]] the Boyle Investment Co. of Memphis, Tennessee sold the shopping center to TH Real Estate of Charlotte, North Carolina. | |||
==Tenants== | |||
* [[Whole Foods]] (October 2017-) | |||
* [[PetSmart]] | |||
* [[Best Buy]] | |||
* [[Bella's Bridal and Formal]] | |||
* [[Newk's]] | |||
==References== | ==References== | ||
* Anderson, Jon (September 26, 2017) "Whole Foods Market delays opening of Riverchase store until Oct. 18." ''Hoover Sun'' | * Anderson, Jon (September 26, 2017) "Whole Foods Market delays opening of Riverchase store until Oct. 18." ''Hoover Sun'' | ||
* Anderson, Jon (October 16, 2017) "Hoover council OKs tax rebate for Whole Foods Market Plaza." ''Hoover Sun'' | * Anderson, Jon (October 16, 2017) "Hoover council OKs tax rebate for Whole Foods Market Plaza." ''Hoover Sun'' | ||
* Godwin, Brent (November 5, 2018) "Whole Foods shopping center sells in recent deal." {{BBJ}} | |||
[[Category:Whole Foods Market Plaza|*]] | [[Category:Whole Foods Market Plaza|*]] | ||
[[Category:1990s buildings]] | [[Category:1990s buildings]] | ||
Revision as of 16:43, 5 November 2018
Whole Foods Market Plaza (formerly Riverchase Village Shopping Center), is a shopping center on the southeast corner of the intersection of Montgomery Highway and Lorna Road in the Riverchase section of Hoover.
It was developed in the 1990s by partially demolishing and redeveloping the former Loehmann's Village, which had been focused around an interior pedestrian plaza. The redevelopment was originally anchored by a Bruno's supermarket, which closed in May 2009 and reopened as Belle Foods until closing again in 2013.
Southpace Properties had some success in recruiting stand alone restaurants to outparcel sites, and later secured a 20-year lease for Whole Foods' second Birmingham area location. Construction of the new anchor was slow, going on for nearly three years between the announcement in November 2014 and the opening in October 2017. The City of Hoover awarded developer Riverchase Lorna LP a 50% abatement for sales tax receipts exceeding those in the year prior to Whole Foods' opening.
In late 2018 the Boyle Investment Co. of Memphis, Tennessee sold the shopping center to TH Real Estate of Charlotte, North Carolina.
Tenants
- Whole Foods (October 2017-)
- PetSmart
- Best Buy
- Bella's Bridal and Formal
- Newk's
References
- Anderson, Jon (September 26, 2017) "Whole Foods Market delays opening of Riverchase store until Oct. 18." Hoover Sun
- Anderson, Jon (October 16, 2017) "Hoover council OKs tax rebate for Whole Foods Market Plaza." Hoover Sun
- Godwin, Brent (November 5, 2018) "Whole Foods shopping center sells in recent deal." Birmingham Business Journal