Zane Petersen’s Insider Update: ALDI Confirmed Near Albertville / Otsego
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 area since 1999, and I’ve helped move thousands of clients successfully since 2000—both locally and across the country.
Here’s what’s happening now, and why it matters.
ALDI Is Coming to the I-94 / 60th St NE Corridor
A new ALDI grocery store has been approved for plan review 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 throughout Albertville, St. Michael, and Otsego.
What we know so far:
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Approximately 21,000 sq ft ALDI store
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Located near major infrastructure upgrades and new retail growth
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Designed for everyday convenience, quick access, and value pricing
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Approved alongside additional retail uses (including a car wash)
Local planning discussions indicate ALDI’s timing is being coordinated with nearby large-scale development—most notably Costco—positioning this corridor for a noticeable demand boost.
Why This Matters for Homeowners & Buyers
New grocery anchors like ALDI typically:
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Increase buyer interest in nearby neighborhoods
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Improve daily convenience, a top driver for relocation buyers
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Strengthen long-term property desirability and value stability
This is the kind of development buyers ask about before deciding where to purchase.
Local Roots + National Reach
Beyond helping buyers and sellers right here in STMA, I’ve also guided many local residents as they’ve moved on to their next chapter—including relocations to SanTan Valley, Daytona Beach (and other Florida destinations), as well as Kentucky, Georgia, and South Carolina—popular warm-weather and second-home markets.
With my real estate company also based in Arizona, I can be right by your side whether you’re:
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Buying or selling locally
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Relocating out of state
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Exploring a second home in a warmer destination
One relationship. Multiple markets. No hand-offs.
Thinking Ahead?
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.
