Zane Petersen’s Insider Update: ALDI Confirmed Near Albertville–Otsego (January 2026)
By Zane Petersen — STMA Resident Since 1999 | Local & National Real Estate Advisor
If you’re searching for verified updates on the new ALDI coming to the Albertville–Otsego area, you’re in the right place.
I’ve lived in the St. Michael–Albertville–Otsego area since 1999 and have helped move thousands of clients successfully since 2000 — both locally and across the country. Here’s what’s confirmed now, and why it matters for homeowners and buyers.
ALDI Is Moving Forward — Now Officially Approved
As of December 2025, ALDI has received site plan review approval from the City of Albertville for a new store near Mackenzie Avenue NE and 60th Street NE, just north of I-94.
While the site is technically within Albertville, it sits directly on the Albertville–Otsego border and will serve residents across Albertville, St. Michael, and Otsego.
What’s now confirmed:
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✅ Site plan review approved (December 2025)
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🏬 Approximately 21,000 sq ft ALDI store
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📍 Located near Mackenzie Ave NE & 60th St NE
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🚗 Access from Mackenzie Avenue NE
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🏗 Coordinated with major road and infrastructure upgrades
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🛒 Additional retail uses approved (including a car wash)
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🕒 Timing aligned with the nearby Costco development
Local planning minutes confirm ALDI is coordinating its opening timeline with the nearby Costco project, which is currently under construction and targeting a Fall 2026 opening.
Costco + ALDI = A Major Demand Driver for 2026
This corridor is shaping up to become one of the most significant new retail growth areas in Wright County in decades.
With Costco + ALDI + new retail pads + major road improvements, this area is positioned for:
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Increased buyer demand
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Higher relocation interest
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Stronger neighborhood desirability
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Long-term property value stability
From a real estate standpoint, this is exactly the type of development that buyers ask about before deciding where to purchase.
When grocery + big-box anchors arrive together, it typically accelerates:
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Traffic
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Visibility
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Buyer competition
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Pricing pressure upward
That’s already starting to show in buyer conversations I’m having daily.
What This Means for Homeowners Thinking About Selling
For homeowners, timing matters.
When developments like this move from “rumor” to “approved + under construction,” buyer urgency increases. Savvy sellers often choose to:
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List before the full demand surge peaks
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Capture buyer interest while inventory is still reasonable
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Position their home ahead of rising competition
In 2026, we’re already seeing sellers move earlier — and buyer activity is following.
What This Means for Buyers
For buyers, the opportunity is often before the full pricing impact is baked in.
Buying ahead of Costco + ALDI opening can mean:
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More negotiating leverage today
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Better selection
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Potential long-term appreciation tied to convenience and growth
Many relocation buyers specifically target areas with new grocery and retail anchors for daily lifestyle convenience.
Local Roots + National Reach (Why This Matters)
Beyond helping buyers and sellers right here in STMA, Albertville, and Otsego, I also guide clients through relocations across the country — including Arizona, Florida, the Carolinas, and beyond.
With my real estate company also based in Arizona, I can support you whether you’re:
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Selling locally
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Buying locally
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Relocating out of state
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Exploring a second home or warm-weather move
One relationship. Multiple markets. No hand-offs.
Thinking Ahead? Let’s Talk Strategy
If you’re considering selling — now or later — or if you want to buy before this next wave of growth is fully priced in, I’m happy to share what I’m seeing on the ground.
Quietly. Strategically. No pressure.
Zane Petersen
STMA Resident Since 1999 | Real Estate Advisor (MN & AZ)
Albertville • St. Michael • Otsego • Lake Minnetonka • Phoenix/Scottsdale
763.843.2905 or [email protected]
Short reminder: New development brings new demand. Being early is often the advantage.
