A Whole Foods grocery, restaurants and other stores will be built near DeKalb Medical Center’s main hospital outside Decatur with the help of more than $1.8 million in tax incentives.
The store that will anchor the development, a 365 by Whole Foods Market, is a smaller grocery store with lower prices than traditional Whole Foods Market locations. The 18-acre project is expected to create about 325 jobs with private investment of more than $100 million, according to developer S.J. Collins Enterprises.
The tax incentives, approved unanimously Friday by the Decide DeKalb Development Authority, give S.J. Collins a break on property taxes during the next 10 years. During that time, the project will generate about $8.9 million in tax revenue for county and school system governments.