The City of Los Alamitos Planning Commission has approved Village 605, a ground-up shopping center development that will be located at the northeast corner of I-605 and Katella Avenue. The freeway-adjacent shopping center, which will total approximately 113,880 square feet, is being developed by Lincoln Property Company and its partner Long Wharf Real Estate Partners LLC of Boston.
Under the approved plan, Lincoln will build a walkable, open-air shopping center with seven one-story buildings and a modern, Southern California feel.
Anchoring the property will be 365 by Whole Foods Market, a “value meets quality” version of the famed grocer known for its organic fare, which has received rave reviews from customers and reported strong sales performance for the new concept stores which have opened.
The City of Los Alamitos considers Village 605 a long-term economic driver in the area, primarily due to its highly visible and strategic location. The property is immediately adjacent to the 605 freeway and Katella Avenue in the heart of Los Alamitos, with easy access to nearby affluent communities including Long Beach, Rossmoor, Cypress and Cerritos.
The project will feature a large community gathering area, outdoor seating, and landscaped walkways. A mix of restaurants and shops, both national and regional, will accompany the legendary organic grocer to fill out the development.
Construction is expected to begin in the first part of 2017 with an anticipated opening in the first part of 2018.
The project architect is KTGY Group, Inc. of Irvine. Strategic Retail Advisors of Newport Beach is handling project leasing. For more information, please visit www.village605.com .
