A new building on the south side of Third Street near Fairfax Avenue will include apartments above a Whole Foods Market. (photo by Edwin Folven)

An eight-story building with luxury apartments and a new Whole Foods Market near Third Street and Fairfax Avenue is scheduled to open mid-spring in 2026.

The residential component, which is called The Daphne and is being constructed by the Holland Partner Group atop the retail space, contains 311 apartments and luxury amenities including an athletic club, theater and outdoor terrace. The ground-level retail component, called Bloom on Third, includes a new two-level Whole Foods Market in 65,000 square feet of space, as well as three levels of parking. It is being developed by Regency Centers in a joint partnership with the Arba Group.

Whole Foods Market will move from its existing 41,000-square-foot store at Third and Fairfax into the new space in the second half of 2026. Regency Centers is in the process of leasing the space where the Whole Foods Market is currently located to a “national retailer,” but a spokesman for Regency Centers said they are not ready to announce the company’s name. A CVS pharmacy at the site is being remodeled and will stay on the property, and the parking lot and driveways are being renovated.

“We are extremely excited for Whole Foods’ flagship store to be a retail tenant,” said Ray Kayacan, vice president of investments for Regency Centers.

Leasing for residences in The Daphne is expected to begin in December or January. George Elum, a managing director for Holland Partner Group, said the building is nearly finished. New crosswalks will also be installed across Third Street at Ogden Drive and across Fairfax Avenue near the rear of the CVS store before the project opens in 2026.

“We started the entitlements in 2018. It’s ultimately been an eight-year process,” Elum said. “We are very excited to see this one open.”