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Hy-Vee, Inc. has revealed plans to build an 85,000-square-foot supermarket and adjacent convenience store in Springfield, Mo.
The West Des Moines, Iowa-based grocer has an option to purchase property at Battlefield Road and Kansas Expressway in the southwest Missouri community. Pending final approval from the city, Hy-Vee plans to begin construction later this year on the supermarket and C-store. The project is expected to create as many as 400 jobs and represent a total investment of about $17 million, according to Hy-Vee’s Web site.
Hy-Vee received approval from the city to have the proposed site designated as a community improvement district, which will allow for infrastructure improvements in the area. The company plans to invest nearly $1 million in road upgrades and a new traffic signal at the site.
With a population exceeding 150,000, Springfield is Missouri’s third-largest city and serves as the hub of a growing five-county metropolitan area with a population nearing half a million.
Hy-Vee is an employee-owned corporation operating 229 retail stores in eight Midwestern states. The company recorded total sales in 2009 of $6.4 billion.