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Home / Uncategorized / Whole Foods Coming to Capitol Hill/First Hill

Whole Foods Coming to Capitol Hill/First Hill

By November 5, 2014

Uncategorized

Wow, Whole Foods is coming to 1001 Broadway Ave (basically Broadway and Madison).

From the press release,

Whole Foods Market announced plans for its ninth Puget Sound location, which will serve Seattle’s First Hill and Capitol Hill communities as part of Columbia Pacific Advisors’ new 16-story, mixed-use development. Located at 1001 Broadway, the new 40,000-square-foot Whole Foods Market will serve as the retail base for the project, with approximately 300 apartments featured above the store.

Whole_Foods_Market_logo.svg

Full press release:

Whole Foods Market Announces New Seattle Location to Serve
First Hill, Capitol Hill Communities

Seattle-based Columbia Pacific Advisors to develop 16-story mixed-use apartment project at Broadway and Madison St. with 40,000 sq.ft. Whole Foods Market

Ideally located along the First Hill Streetcar line, Whole Foods’ ninth Puget Sound
store scheduled to open in early 2018

BELLEVUE, Wash., (November 6, 2014) – Whole Foods Market announced plans for its ninth Puget Sound location, which will serve Seattle’s First Hill and Capitol Hill communities as part of Columbia Pacific Advisors’ new 16-story, mixed-use development. Located at 1001 Broadway, the new 40,000-square-foot Whole Foods Market will serve as the retail base for the project, with approximately 300 apartments featured above the store.

Located along the First Hill Streetcar line, within one block of Swedish Medical Center’s First Hill campus and Seattle University, the new Broadway Whole Foods Market will create an estimated 150 new jobs, in addition to about 500 temporary construction jobs.

“We are excited to share our mission and values with each of these neighborhoods and look forward to serving as a resource as the communities plans for a healthy and sustainable future,” said Joe Rogoff, Regional President for Whole Foods Market in the Pacific Northwest. “Creating jobs, supporting local producers and finding opportunities to partner with area schools and non-profits are core to our philosophy and practices, and we’re eager to introduce this in the First Hill and Capitol Hill communities. We look forward to serving this neighborhood by providing a wide selection of natural and organic food, sustainable seafood, humanely raised meats and housemade prepared foods and bakery items. And now, more than ever, we’ll be pleased to share our extensive selection of non-GMO products and commitment to transparency.”

Whole Foods Market announced signing a lease with an affiliate of Columbia Pacific Advisors for the newest Puget Sound location during its fourth quarter earnings call on Wednesday, November 5.

“It was important for us to find a retailer that would activate this half-block site with an amenity that supports the First Hill neighborhood’s priorities, as well as complement the needs of Capitol Hill and Madison Park residents and workers,” said Todd Seneker, Managing Director at Columbia Pacific Advisors. “Whole Foods is a great partner for this location. We’re able to put a community-focused retailer and new apartments right in the middle of a dense urban neighborhood – all within walking distance of thousands of jobs and a new streetcar line.”
Once complete, Whole Foods Market will provide local shoppers with a wide selection of natural, organic and local products. Under one roof, the new store will provide Seattle shoppers with a community butcher, fishmonger, baker and a team of chefs creating prepared take-out meals.

Shoppers can look forward to fresh, organic fruits and vegetables, specialty items, high-quality meats and poultry, everyday pantry staples and sustainable seafood. The scratch bakery will provide a variety of breads and pastries, made fresh daily, and the prepared foods department offers options for lunch, as well as quick meals for dinner.

Whole Foods Market has been ranked on Fortune magazine’s list of “100 Best Companies to Work For” in America since the list began in 1998. The company’s quality standards are outlined online at www.wholefoodsmarket.com.

About Whole Foods Market
Founded in 1980 in Austin, Texas, Whole Foods Market (wholefoodsmarket.com, NASDAQ: WFM), is the leading natural and organic food retailer. As America’s first national certified organic grocer, Whole Foods Market was named “America’s Healthiest Grocery Store” by Health magazine. The company’s motto, “Whole Foods, Whole People, Whole Planet”™ captures its mission to ensure customer satisfaction and health, Team Member excellence and happiness, enhanced shareholder value, community support and environmental improvement. Thanks to the company’s more than 78,000 Team Members, Whole Foods Market has been ranked as one of the “100 Best Companies to Work For” in America by FORTUNE magazine for 15 consecutive years. In fiscal year 2013, the company had sales of $12.9 billion and currently has more than 360 stores in the United States, Canada and the United Kingdom.

About Columbia Pacific Advisors, LLC
Headquartered in Seattle, Wash., Columbia Pacific Advisors, LLC (www.columbiapacific.com) is an SEC-registered investment advisor that manages assets of more than $800 million in a variety of alternative investment strategies. The firm has deep experience in real estate, public and private equity, distressed debt and special situation lending. The firm’s real estate investment strategy targets a diversified portfolio of real estate investments including mixed-use multi-family, senior housing, office, industrial and other opportunistic assets.

(Disclosure: Registration with the SEC does not imply any level of skill or training.)

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