Report: Hy-Vee reaches agreement for first Twin Cities location

WEST DES MOINES, Iowa — Grocer Hy-Vee, which operates more than 230 stores and generates sales of more than $8 billion, has reached a deal for its first Twin Cities location, according to a local news report.

According to a report by the Minneapolis/St. Paul Business Journal, the company has reached an agreement with New Hope’s city council and will buy land once occupied by a Kmart.

Hy-Vee is looking to build a 90,000-sq.-ft. grocery store and 3,000-sq.-ft. gas station at the site.