PROJECT UPDATE: New grocery store in Altoona
BPC Staff Jan 19, 2021 | 11:41 pm
1 min read time
236 wordsAll Latest News, Real Estate and Development
Aldi Inc. will open a grocery store Friday in Altoona. The new store if the first in Altoona for the national chain. Photo by Kathy A. Bolten
New grocery store in Altoona slated to open Friday
What: Aldi grocery store
Where: 611 34th Ave. S.W. in Altoona
Building permit value: $1.7 million
Square footage: 20,543
Aldi Inc. is scheduled to open its new grocery store in Altoona on Friday, the company announced in a news release.
Construction of the store began last summer soon after the company bought the 2.2-acre parcel for $1.87 million. The new store is located south of Adventure Bay Waterpark at Adventureland Park.
Aldi, whose U.S. headquarters is located in Batavia, Ill., is a discount grocery store with more than 2,000 stores in 38 states.
The company’s goal is to become the third-largest grocery chain in the U.S. by 2022, it has said in its news releases. In 2017, the company unveiled a $5 billion, five-year expansion strategy to reach that goal.
The new Altoona store is part of the company’s expansion strategy.
The new store’s hours will be from 9 a.m. to 8 p.m. daily. The Altoona store will also offer curbside grocery pickup beginning Feb. 5.
A Commercial Real Estate Weekly feature in which updates are provided on the status of projects underway in the Greater Des Moines area. Want to include an update about your project or suggest a project to include? Email: kathybolten@bpcdm.com.
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