Home Depot has broken ground on its Montgomery location, which will be located near Buffalo Springs Drive just west of Kroger, Community Impact previously reported.

“​​We’re very pleased Home Depot Inc. chose the city of Montgomery and look forward to having them as a business,” Montgomery City Administrator Gary Palmer said in a Dec. 12 email.

What else?

During an Oct. 2 special meeting, Montgomery City Council approved a Chapter 380 agreement with the retailer that stipulates Home Depot will:

  • Contribute $750,000 toward improvements for the Buffalo Springs Drive and Hwy. 105 intersection
  • Pay the remaining construction costs of $674,000 plus 15% for contingencies

In return, the city of Montgomery will:

  • Reimburse Home Depot for the $674,000 over a period of five or more years using 50% of the total sales tax collected by the city at the retailer’s new store

Stay tuned

Home Depot is slated to bring a store to the city by October 2024, according to prior reporting.

The Buffalo Springs Drive and Hwy. 105 intersection improvements—which include a traffic signal and roadway reconstruction—is anticipated to be completed before Home Depot opens, Palmer said.