Whole Foods Market has signed a lease at Ellis Preserve in Newtown Square, Pa., and will serve as the anchor for the first phase of the retail portion of the 210-acre mixed-use development.
The grocer leased 41,700 square feet and the store will have direct access from Route 3 and Winding Way.
Equus Capital Partners, the Philadelphia developer of Ellis Preserve, plans to construct a total of 114,000 square feet of retail space in the first phase. A portion of that space will be occupied by Whole Foods and the remaining 72,300 square feet will be leased to other tenants.
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