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Whole Foods Market Signs Lease For Space In The Soon-to-Be-Restored Historic Hahne’s Building In Downtown Newark

Stocks in this article: WFM

In collaboration with the City of Newark, L+M Development Partners (L+M), Hanini Group (Hanini), Prudential, and the Goldman Sachs Urban Investment Group (Goldman Sachs) announced today that Whole Foods Market has signed a lease for space in the soon-to-be-restored historic Hahne & Company (Hahne’s) building at 609 Broad Street.

Slated to open in 2016, the leading organic and natural foods grocer, will occupy a 29,000 square-foot space and provide both the downtown corridor and surrounding city with access to fresh, quality food and healthy eating resources. The plan to bring the first Whole Foods Market to Newark marks an exciting step in the ongoing revitalization of the city, and is aligned with the company’s larger mission to feed and nourish communities with limited access to fresh, healthy food. The company, which has been ranked as one of the “100 Best Companies to Work For” in America by FORTUNE magazine for 16 consecutive years, expects to employ 150 team members, offering quality career opportunities to local residents. Currently, Whole Foods Market employs nearly 160 Newark residents at its other 10 New Jersey locations.

“We are thrilled to be a part of this project and thank the City for its continued interests and efforts in helping bring a Whole Foods Market to Newark,” said Christina Minardi, Regional President, Whole Foods Market Northeast. “Most importantly, we’re eager and committed to providing access to fresh, healthy food and offering great career opportunities to local residents.”

“Today’s announcement that Whole Foods Market will open a store in the Hahne's building is exciting news for Newark. From creating and cultivating urban farms and farmers’ markets to attracting new grocery stores, we’re making great strides in our efforts to expand access to fresh, healthy food options for all of our residents,” said Mayor Cory Booker. “We know that Whole Foods Market brings with them a deep commitment to community engagement and advancement, and we welcome them as a long-term stakeholder in our city’s continued success.”

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