Venice Crossing, an 83-acre commercial development, may soon welcome Chick-fil-A, Chipotle, and Whataburger. Local planning officials have requested additional details, eyeing the impact these popular restaurants will have on the community.

Farmers & Merchants Investments Inc. cut its stake in Chipotle Mexican Grill (NYSE: CMG) by 26.3% in the second quarter, according to a recent 13F filing. The institutional investor sold 500 shares, leaving it with 1,400 shares of the restaurant operator’s stock.