Bradford B. Sauer, vice president of Sauer Properties Inc., could not be reached for comment Tuesday.

“I have long been an admirer of Whole Foods Market, and we are thrilled to have them as the anchor tenant for The Sauer Center,” Sauer said in a statement released by Whole Foods.

“Once completed, The Sauer Center will be a transformational development for this area of the city and will bring additional upscale retailers while preserving the area’s historic character and fabric.”

The development “is going to impact us,” said James Hatcher III, president of Pleasants.

“We probably will be looking to relocate somewhere else. … But it is our intent to continue to serve that geographic market,” Hatcher said. “We will assess what’s in our best interest.”

Pleasants operates four businesses from 2024 W. Broad St. — a retail store and industrial, contract hardware and contract door divisions. It occupies about 100,000 square feet there, including 25,000 square feet for the store.

Hatcher said Pleasants could be a tenant in The Sauer Center, but the hardware chain would have to determine if it would be cost-effective to do so.