Apr. 24—The town of Albert Lea this week issued a constructing allow for a brand new Aldi grocery retailer to be constructed close to the intersection of Blake Avenue and East Important Road.
The brand new 20,275-square-foot retailer is predicted to be valued at $2.5 million, based on the allow. It’s being constructed on three acres of land at 1406 Blake Ave., owned by William G. Gown Irrevocable Belief and Jeffrey G. Gown Irrevocable Belief that is named the Gown Addition.
Dalo Development Inc. of Tipp Metropolis, Ohio, was listed because the applicant on the allow.
The Albert Lea Metropolis Council in March authorised subdividing the parcel to make means for the event.
The development comes as Aldi in February on its web site introduced plans to open greater than 225 new shops in 2025 as a part of the following part of its five-year nationwide development technique, together with an growth of its established footprint within the Northeast and Midwest areas.
The low cost grocery store chain, one in all America’s fastest-growing retailers, is understood for its simplicity, effectivity and low costs.
The town and Albert Lea Financial Improvement Company have been working to herald one other grocery retailer to the world for the reason that closure of Market Meals in 2020.
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