German-owned grocer Aldi Food Market is preparing to expand existing stores in Sanford and Apopka, part of a multi-billion dollar plan to remodel hundreds of stores across the country over the next five years and seek land for up to 900 new ones.
The company applied in April to the city of Sanford to add 2,020 square feet to an existing store at 4160 W. S.R. 46 as part of an extensive remodel, taking it to 18,723 square feet.
And on May 30, Aldi applied to the city of Apopka to expand an existing 15,945-square-foot store at 1636 E. Semoran Blvd. by another 1,340 square feet, as part of remodeling.
Aldi's corporate office announced plans this past Sunday to invest $3.4 billion to expand its U.S. store count to 2,500 by 2022.
That would include opening up to 900 stores and remodeling hundreds more across the country over the next five years, which would eventually make the German company the third largest grocer in the U.S. by store count, behind Walmart and Kroger.
Aldi has more than 1,600 stores today across 35 states, and in expansion is seeking 2.5-acre pads for purchase and development for its standard 18,000-square-foot store with 85 dedicated parking spaces. The company favors end-cap or inline spaces with at least 87 feet of frontage, signalized and full-access intersections, and daily traffic counts of at least 20,000 vehicles per day.
The company should also break ground before year's end on a fifth Osceola County store and second on Kissimmee's W192 corridor in the Cane Island Shopping Center.
Aldi finished construction in late 2016 on a new store in Eustis on U.S. 441.