BREA, CA—Regency Centers, a national owner, operator and developer of grocery-anchored community shopping centers, has closed on 8.58 acres at the corner of Imperial Highway and Valencia Avenue in Brea, with plans to build a 87,000 square-foot retail center, Village at La Floresta. The center will be home to the first Whole Foods Market in North Orange County

A groundbreaking ceremony will be held next month on the future retail site at the intersection of Imperial Highway and Valencia Avenue. Guest speakers will include representatives from Regency Centers, The City of Brea, and Whole Foods Market.

“Village at La Floresta will not only provide North Orange County with its first Whole Foods, but also new and exciting restaurants and retailers,” said John Mehigan, vice president of investments for Regency Centers in Southern California. “We've designed this center to become the 'downtown' for East Brea, a gathering place for the community to meet, shop and enjoy.” Centralized amongst the master-planned La Floresta community, The Village at La Floresta will be surrounded by high-end, multifamily town homes, single-family homes, and luxury senior living.