Hillsdale, Midland, and Rochester Hills welcome ALDI Grocery Stores
FOR IMMEDIATE RELEASE
February 20, 2025
LANSING, Mich. – ALDI is investing approximately $13 million to bring new locations to Hillsdale, Midland, and Rochester Hills in eastern Michigan. ALDI will build and equip the three new stand-alone grocery stores which combined will comprise approximately 61,000 square feet of space and feature a range of products including fresh meat and seafood, organic produce, and pantry essentials with approximately 30% of each store’s floor area dedicated to fresh food. The developments are being supported with a $12-million New Markets Tax Credit (NMTC) allocation from Michigan Community Capital (MCC). The new ALDI location in Midland opened in November 2024, while the upcoming stores in Hillsdale and Rochester Hills are slated to open later this year.
The three ALDI stores in Michigan will address the critical need for affordable, fresh food in one non-metro and two metro communities that experience high rates of food insecurity. Each store within the Project Area qualifies as an “Area of Greater Economic Distress” as defined by the Community Development Financial Institution (CDFI) Fund.
ALDI, America’s fastest-growing retailer, offers shoppers groceries at everyday low prices in more than 2,400 stores nationwide. ALDI focuses on the groceries commonly purchased by shoppers, primarily under its exclusive brands, and is committed to providing customers with quality products at the lowest possible prices. ALDI strives to reduce the company’s impact on the environment through an energy efficient store design, including state-of-the-art lighting and refrigeration systems that have reduced energy features and environmentally friendly building materials.
Approximately 27 new full-time equivalent positions will be created to support the new stores. All positions will be accessible to individuals without a four-year degree and will provide industry-leading benefits including competitive wages, health insurance, 401(k) program and paid time off.
“We are thrilled that ALDI continues to invest in Michigan,” said Eric Hanna, president, and CEO at Michigan Community Capital. “At a time when groceries are expensive, ALDI uses its skills in supply chain management and store efficiency to deliver affordable and healthy food where it’s most needed.”
New Markets Tax Credits are a federal subsidy tool administered by the U.S Department of Treasury and designed to attract capital to projects that support low- and moderate-income households and communities. Michigan Community Capital is the only Community Development Entity (CDE) that deploys this resource entirely in Michigan. Since the organization’s formation in 2005, MCC has secured $570 million in NMTC allocation through competitive rounds to support Michigan businesses and communities. MCC uses NMTC’s to support job creation, access to healthy food, and mixed-use projects that include mixed-income housing and commercial businesses that benefit low-income households.
U.S. Bancorp Impact Finance, a U.S. Bank subsidiary, is serving as the New Markets Tax Credit investor on this project. Impact Finance provided $3.65 million in Federal New Markets Tax Credits.
About ALDI
ALDI is America’s fastest-growing retailer, serving millions of customers across the country each month. Our disciplined approach to operating with simplicity and efficiency gives our customers great products at the lowest prices of any national grocery store.* ALDI strives to have a positive impact on its customers, employees and communities by being socially and environmentally responsible, earning ALDI recognition as a leading grocer in sustainability.** In addition to helping protect the planet, ALDI helps customers save time and money through convenient shopping options via in-store, curbside pickup or delivery at shop.aldi.us. For more information about ALDI, visit aldi.us.
*According to the 2025 ALDI Price Leadership Report.
**According to Progressive Grocer’s 2023 and 2024 Top 10 Most Sustainable Grocers list.
Michigan Community Capital
Michigan Community Capital is a 501(c)(3) nonprofit that exists to promote community and economic development, the creation of wealth and job opportunities; and to facilitate investment of private and public capital in Michigan. MCC is focused on driving economic mobility of low- and moderate-income Michigan residents and drives community development impacts in three key areas: Real Estate Development, CDFI lending, and New Markets Tax Credits. MCC is a U.S. Treasury certified Community Development Financial Institution (CDFI) and a Community Development Entity (CDE). Since 2005, MCC has supported over $1.4 billion in project financing, successfully attracted $510 million in federal New Markets Tax Credits, and helped to create over 1,500 housing units and facilitated the creation and/or retention of over 5,000 high-quality, accessible jobs. Michigancommunitycapital.org
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