Is this a sign of things to come or just another project
that cannot get its act together? Either way it sucks because this
much-anticipated mixed-use project in midtown has lost a major tenant who was
going to occupy the ground floor of a six-story building. Pappas Investment has
not made any comments as to why Whole Foods has pulled out of the project, but
a spokeswoman for Whole Foods has said that a series of milestone were not
reached that were written into the lease so Whole Foods choosing to step out of
the lease. Phase one of the project began last week with foundation work beginning
for a six story-parking garage on Capitol Ave. Phase two of the project was to included
Whole Foods and 97 apartment above the grocery store beginning construction in
late 2017.
SacBee article
SacBee article