Grocery chain Whole Foods Market will anchor a new shopping center in the Irvine Spectrum next to the Los Olivos apartment complex.

The 40,000-square-foot grocery store is the first tenant announced for Irvine Company’s Los Olivos Marketplace, a new retail center set to go up just off the San Diego (405) freeway at Irvine Center Drive.

The 120,000-square-foot center is set to break ground in a few weeks, with completion scheduled for early 2016.

Los Olivos Marketplace will be the first grocery-anchored shopping center to go up on Irvine Co.’s land in seven years, according to Fred Collings, senior vice president of leasing for the Newport Beach-based landlord’s retail properties division.

It’ll be Whole Foods Market’s second location on the Irvine Ranch, joining a 33,000-square-foot store at Fashion Island that opened in 2012.