Today, more than 300 attendees celebrated the grand opening of ALDI, located in the Promenade, at 9901 Chapman Avenue. Garden Grove Mayor Steve Jones and the City Council welcomed the grocer with an official ribbon-cutting ceremony.
“This is an exciting moment for our community! The Promenade has seen tremendous growth in the last five years with the expansion of new retail businesses and dine-in and take-out eateries. With the opening of ALDI, the City expects that growth to continue,” commented Mayor Jones.
Garden Grove is the fourth city in Orange County to open an ALDI.
ALDI is considered to be the junior-anchor tenant in the center. The center estimates a generated sales tax at $14 million annually.
Last year, the center added five, new, quick-serve restaurant chains to its shopping plaza: Chipotle, Wingstop, Blaze Pizza, Yogurtland, and Panda Express. Renovations and enhancements were made to the Regal Cinemas, and the center’s landscape and overall look. Additional parking was also added to accommodate the expansion of retail businesses.
In 2014, Garden Grove’s second Wal-Mart store opened on the west-end of the plaza. In 2011, the center celebrated the grand opening of two major retail stores, Party City and PetSmart.
Since then, leasing activities have gone up considerably in the plaza and surrounding area.
Last month, the vacant retail building adjacent to the Promenade, located at the Pavilion Plaza West, 9852 Chapman Avenue, was acquired by Sterling Properties. The property, which was once a Vons Supermarket, was purchased for $11 million.
The City is currently assisting Sterling Properties with obtaining new tenants for the 76,000 square-foot building. The City has plans to enhance that area with new amenities that will provide residents and visitors with opportunities to shop and dine.
For more information, contact the City’s Economic Development Division at (714) 741-5124 or visit http://www.ci.garden-grove.ca.us/econdev.