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Project Profiles
WOODBURY TOWN CENTER
Location: Irvine, Calif. (SR 133 —the Laguna Freeway and the I-5 Santa AnaFreeway)
Size: 462,000 sq. ft.
Developer: Irvine Co. Retail Properties
Grocery anchors: Ralphs Fresh Fare, Trader Joe's
Key tenants: Home Depot, LA Fitness, Walgreens, Staples
Status: Open and operating since 2007
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PREIT: Matching Mall And Grocer
Turns out, malls and grocers were made for each other.
A few years ago, Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) renovated Plymouth Meeting Mall in Philadelphia’s northwestern suburbs.
The renovation replaced an old Ikea on the site with a lifestyle component called Plymouth Meeting Mall’s Plaza Shops, which leads customers to the mall entrance.
PREIT brought in a 65,000-sq.-ft. Whole Foods Market as the anchor.

