A new Whole Foods store will be constructed in Englewood through a City-owned land sale approved today by City Council.

The 18,000-square-foot store will be part of a 48,000-square-foot, four-building retail complex planned for the vacant, northwest corner of 63rd and Halsted streets. Valued at $3.1 million, the 5.4-acre site will be sold for $1 to the project developer, Englewood Square LP.

The City purchased the site more than 10 years ago to help foster an eventual retail-oriented redevelopment project. Construction could be completed in 2016.

More than seven acres of largely vacant, City-owned land adjacent to the site are also being prepped for sale and mixed-use redevelopment.

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