Township inks $634K genuine estate deal for new Ypsilanti-space ALDI grocery store

WASHTENAW COUNTY, MI – The Ypsilanti place is a person move closer to acquiring a new grocery store.

On Dec. 21, Ypsilanti Township officers inked a acquire agreement with ALDI, Inc. for township land alongside Huron Avenue south of I-94, the possible website of the price cut grocery chain’s third Washtenaw County area, officers introduced on Tuesday, Jan. 3.

The true estate offer for about 2.5 acres at the northwest corner of Huron Street and Brinker Way experienced been in the will work for months, MLive/The Ann Arbor Information formerly claimed.

Go through additional: New ALDI grocery store could occur to Ypsilanti place by offer with township

“The addition of ALDI will greatly gain individuals who are living, get the job done and shop in the township, with their emphasis on sustainability and aggressive price ranges,” township officials mentioned in a assertion.

The supermarket chain has made construction of the new retailer a “high priority,” with opening predicted by Thanksgiving of 2023, officials claimed.

A general public relations agent with ALDI did not straight away supply further information in reaction to a Wednesday electronic mail from MLive/The Ann Arbor News.

The sale of the house at 1420 South Huron Avenue — section of what is frequently referred to as the Seaver Farm — will net the township $633,690 at closing, according to the buy agreement.

Right before that issue, it permits ALDI, Inc. to carry out due diligence pursuits, and the agreement can be terminated.

The deal gives the corporation a 90-day inspection time period to evaluate the house for any environmental problems, possible utility connections and economic feasibility, among the other components.

The grocery retailer chain then has an 120-working day time period to get web-site program approvals and other allowing for its new area, which can be extended.

The conditions are a conventional element of a actual estate purchase agreement, and ALDI is creating development toward closing, while it has not but, in accordance to Ypsilanti Township Lawyer Doug Winters.

The agreement will subdivide the residence, leaving about 10 acres in the township’s possession and accessible for potential sale or development.

Officials have agreed not to lease or market any portion of that land for a further retail grocery shop, in accordance to the order arrangement.

ALDI, amongst the biggest supermarket chains in the place with much more than 2,200 places in 39 states, according to its web site, has two other places in Washtenaw County.

The more mature of the two is on Ann Arbor’s west aspect, when a different opened in Pittsfield Township together Carpenter Street in 2019.

If the grocery retailer progress comes to fruition, it will be a further addition to the professional corridor south of I-94 and Ypsilanti metropolis boundaries in the township.

In 2022, officials welcomed Underground Printing as it moved to a warehouse at the rear of the property concerned in the ALDI offer.

As component of the purchase arrangement, ALDI would build an access push from Brinker Way, which could most likely connect to future progress to the north.

A proposed web-site approach connected to a Dec. 21, 2022 buy settlement between Ypsilanti Township and ALDI, Inc. for township land alongside Huron Road shows the configuration of the web-site that could host a new locale for the lower price grocery chain.Captured from Ypsilanti Township purchase agreement

Elected officials are committed to taking the income generated by the sale and reinvesting it in professional corridors in the township, reported township Supervisor Brenda Stumbo in a assertion.

The sale will benefit the township as a total, she extra.

Much more from The Ann Arbor Information:

Christmas tree pickup beginning in Ypsilanti. Here’s the timetable

Demolition solutions on the desk for vacant Ypsilanti-area procuring heart in 2023

Major Ypsilanti road project generally paused for winter. Here’s what crews concluded in 2022

Tech updates pave the way for livestreaming of Exceptional Township board meetings

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