Aldi Expands to Hyde Park Plaza: Another Big Win for Allegheny Township’s Growing Business Community

Aldi is set to open a new store in Hyde Park Plaza, Allegheny Township’s latest addition to its growing business community. The store, expected to open in the last quarter of 2024, is part of Aldi’s expansion efforts, which aim to add 800 new stores by the end of 2028. This news was confirmed by township supervisor Jamie Morabito and plaza owner Jeff Paul.

Since Paul acquired the property in September 2022, Hyde Park Plaza has welcomed several new businesses such as Ollie’s Bargain Outlet and Dollar Tree. With its existing 16 storefronts and 564 parking spaces, the plaza continues to attract more businesses looking for a prime location.

Giant Eagle is currently the only supermarket operating in Allegheny Township. Morabito has been actively working to attract new businesses since joining the board in January 2022, resulting in around a dozen new stores and restaurants. To secure Aldi’s interest in the area, Morabito spent considerable time providing the company with traffic and demographic data. The township’s relatively small population of 8,000 posed a challenge in discussions with Aldi and other businesses, requiring Morabito to advocate for the township’s potential as a business-friendly location.

With the addition of larger anchors like Aldi, vacancy rates in Allegheny Township’s plazas are expected to continue declining, signaling a promising future for businesses in the area. Jack Troy of TribLive has been covering this development and can be reached at jtroy@triblive.com for further information.