Aldi Inc. will transform the closed Wells Fargo bank branch property at northwest Philips Highway and Emerson Street near San Marco into a discount grocery store.
The city issued two permits June 15 for Schmid Construction Inc. of Clermont to demolish the bank building at 3650 Philips Highway and construct a grocery store at a cost totaling $2 million.
Permits show Aldi will build a 21,720-square-foot grocery store.
Aldi Florida LLC bought the almost 2.8-acre property with the 12,296-square-foot bank building May 4 from Wells Fargo Bank for $1.8 million.
Land and construction costs total $3.8 million.
Upham Inc. is the civil engineer. SGA Design Group of Tulsa, Oklahoma, is the architect.
Aldi’s Haines City division is developing the site.