Panera Bread will soon close its Shaker Heights location.
The final day of operation at 20060 Van Aken Blvd. will be Nov. 21, manager Shannon Ross said.
The company is closing the Shaker Plaza location in favor of a soon-to-open site at Cedar Center in South Euclid.
The city first reported the news Monday afternoon on its Facebook page.
"As you know, we've secured all of the funding for the reconfiguration of the Warrensville/Van Aken intersection and are in the midst of planning for the revitalization of the Van Aken District," Shaker's Facebook page reads. "As that proceeds, we expect it to attract additional restaurants, coffee houses and gathering places."
Shaker Heights Economic Development Director Tania Menesse said refilling the space would be a large part of the Van Aken project.
"Right now, it's very well set up for food," she said. "It would be really nice to see investment in the area. That's what the community is looking for, food and entertainment."
Though the space is large, Menesse said the income tax impact of Panera's departure would not be nearly as great as the "community life aspect" of the closure.
"That area is ripe for development," she said, " and for everyone its not coming quickly enough."