Aldi gets go-ahead to build store in Greenwood

January 14, 2014
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Discount grocer Aldi has received the green light to combine three parcels of land in Greenwood to make way for the construction of a 16,000-square-foot grocery store.

aldi logo sign 225pxThe Greenwood Plan Commission on Monday approved Aldi’s request to combine two parcels with a third piece of land on Indiana 135 north of Smith Valley Road.

Aldi has purchased the land where a Pizza King restaurant and Dannemiller True Value store sit and will tear down the buildings to accommodate the new Aldi store, said Greenwood Planning Director Ed Ferguson. The third piece of land is located south of the hardware store.

It's uncertain when construction on the store might start, an Aldi spokeswoman said.

Aldi operates another grocery store and a distribution center in Greenwood, near U.S. 31 and Stop 18.

The German company operates 1,300 stores in 32 states. In December, it announced a plan to open 650 new stores nationwide within the next five years.  

  • Man...
    This city has boring news.
  • Re: Expat
    You do realize that you are reading the INDIANAPOLIS business journal. I'm not sure what you were expecting? With creative and educated class staying away from this city and state in droves, you're not going to see many exciting development stories here.
  • Oh you guys
    It is nice that you all choose to take your shots at Indy metro behind the anonymity of your computer screens; let's remember that this is a blog about property. While not exciting, an Aldi in Greenwood would surely fit into that blogs scope of information.
  • Not so boring
    A Trader Joe's in the Center Grove area would be exciting news.
  • Trade Joes
    Susie, the demographics of the southside just don't support putting a Trader Joe's or anything similar there. Sorry.
    • Trader Noes
      Yep, we's just a bunch of yokels here on da south side. We don't even deserve to drive through Carmel in our pick-up trucks. (Take your stereotypes somewhere else, Maria.)
    • Sigh
      Tim, it looks like you are the only one bringing stereotypes into this conversation. The fact remains that certain retailers want to locate in areas with a certain demographic mix. Sorry that I pointed out the FACT that the southside doesn't have the demographics that Whole Foods, Trader Joe's and a whole host of other upscale retailers are looking for.
      • Sigh (Heavier)
        Have you been to Center Grove? It's not out of the realm of possibility that the area would get a high end grocer someday. Unlikely at this time... But no need to be rude about it. Sorry.
      • since cory left
        this blog has not been as exciting since cory left. theres a lot going on in town. it just seems like the homework required to keep this blog exciting has not been done
      • Changing Demographics
        The demographics of the Greenwood & Center Grove region are in transition. Examine the housing starts in Center Grove & one will find houses that are 4000 to 10000 sq.ft. Being built on 1 acre lots. The common vehicle being driven by Center Grove residents is a BMW or Acura. I go to the local Menards and see a Lamborghini in the parking lot occasionally. This region is changing. But it seems the bias & perceptions of some readers has not kept up with the changing demographics. I selected this area over the Carmel area to build my house & launch my business last year when I moved from Naperville, IL. It can support a Whole Foods Market & other perceived upscale merchants. Otherwise I would not be here today.
      • Aldi store
        As a reader previously pointed out, this is a blog about property and real estate. It can't concentrate solely on large upscale projects, and it strives to hit developments in all parts of the metropolitan area. Matt, please inform me about any projects that I might be missing. Thanks.
      • In defense
        Scott Olson, I think you're doing a fine job. Cory did a great job too, but in the latter years, sometimes Property Lines only would get three blog posts a month. I'd rather see regular posts--not all of which are riveting news--than three-week gaps between posts. Frequent updates are what keep a blog active with a big readership, even when the stories are sometimes dull. Besides, just a few days earlier, you posted some very promising news about great local restaurant development along and near Mass Ave. Keep up the good work. P.S. Trader Joe's IS Aldi.
      • Not so boring
        Fletcher, N.C.-based Earth Fare, which has stores in Carmel and Noblesville, filed plans this month to renovate 25,000 square feet formerly occupied by OfficeMax at 2110 E. County Line Road on the city’s south side. Also on the south side, Phoenix-based startup Fresh Thyme Farmers Market said last month that it plans to rehab 30,000 square feet of space vacated by The Room Place at 8750 U.S. 31. Brokers say Fresh Thyme is also targeting space at 4225 E. 82nd St. near Keystone at the Crossing formerly occupied by a Lifestyle Family Fitness. Both of these sound similar to Trader Joes and they chose the Southside!!

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