Whole Foods is coming to Fort Worth.
The Austin-based purveyor of organic foods, which will open a store in Colleyville this summer, has committed to the new Waterside project being developed by Trademark Property at the site of the former Lockheed Martin Recreation Association, at Bryant Irvin Road and Arborlawn Drive in southwest Fort Worth.
Trademark said Tuesday that the 45,000-square-foot Whole Foods Market will offer a large selection of natural and organic products and will have a large outdoor seating area. It’s scheduled to open by spring 2016.
Terry Montesi, Trademark’s chief executive officer, called Whole Foods “a perfect fit” for the development. “There is no retailer more in demand in our hometown than Whole Foods Market,” he said in a statement.
Waterside, being developed on 63 acres along the Trinity River, will include 185,000 square feet of retail space and riverside restaurants, 20 to 30 acres of multifamily housing and town homes, 100,000 to 200,000 square feet of office space, and a hotel site.
Whole Foods is the first tenant announced for the project. The first phase is scheduled to open in fall 2015.
Last month, the Fort Worth City Council approved tax incentives worth $18.5 million for the $185 million project. They call for the company to invest $90 million in the first phase of development.