A grocery store chain that has one location in Joplin has purchased a site from the city's land bank to build a second store.
Aldi has purchased 2.75 acres of property at 26th Street and McClelland Blvd. from the Joplin Redevelopment Corp., according to City Attorney Peter Edwards. He said Aldi paid $900,860 for the tract, which includes McClelland frontage.
No information on whether there is a construction timeline yet was available from Aldi. Mark Bersted, Olathe division vice president for Aldi, said in a statement, "We are excited to confirm Aldi will be home to a second Joplin store. However, it is still too soon to share any other details at this time."
Fred Osborn, chairman of the JRC, said the land board worked with the store over a period of several months to make the deal, and that Aldi officials conducted detailed due diligence before making it. Company representatives did not discuss a building plan with the JRC during the property negotiations.
Osborn said that in his research of the company he learned that Aldi has expansion plans across the U.S.
"We are excited. It's a really good fit for that part of town," Osborn said of the site location.
The chain has 1,900 stores in 36 states, with plans to have 2,500 stores across the country by 2022. The company solicits the submission of information about suitable building sites on its website at www.aldi.us, saying it looks for locations in a community or regional shopping district with a daily traffic count of at least 20,000 vehicles per day.
The Joplin land was part of a 10-acre tract the JRC originally purchased for a senior living project scuttled after the master development firm Wallace Bajjali Development Partners defaulted on its redevelopment contract with the city.
Part of that 10 acres was sold to developer Kevin Parker for $400,000. He built the $9.4 million Memorial Hills senior apartment complex there that opened in January.
Another section of the land, about 3.7 acres, was sold to the Economic Security Corp. for $354,900. It is to be used to build housing for low-income seniors and veterans housing project called the Joplin Bungalows. It is intended to house people whose incomes are so low that they have had difficulty finding a place to live since the 2011 tornado. The Bungalows are small apartments to be built with accessibility features suitable for people with disabilities.
Troy Bolander, the city's planning and development director, said earlier that appraisals done at the time the JRC bought the property were used to determine the sale price of the Bungalows property.