Best Buy to Expand Indian Tech Centre by Over 40%
ByAinvest
Friday, Aug 8, 2025 12:55 am ET1min read
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The construction and renovation of the 45,799-square-foot store are being carried out by Hawkins Construction Co. of Tarpon Springs. The total renovation cost is estimated at $8.99 million. The city of Jacksonville issued a permit on February 4, 2025, for General Sign Service Corp. to put up the supermarket's sign, following a permit issued on November 15, 2024, for Lotte Plaza Market to renovate the store [1].
Lotte Plaza Market specializes in offering a wide range of Asian products, including meats, seafood, produce, specialty items, and packaged teas. The store will feature at least seven food vendor stations and a food court area, along with a bakery. The company's goal is to open 50 locations by 2030, with previous stores in Orlando (opened in 2019) and Tampa (opened in November 2023) [1].
The expansion into Jacksonville is part of Lotte Plaza Market's strategy to tap into the city's diverse population and dynamic growth environment. The company believes Jacksonville's unique cultural heritage and steady growth potential make it an attractive location for their operations [1].
References:
[1] https://www.news4jax.com/news/local/2025/08/06/huge-asian-grocery-store-lotte-plaza-market-set-to-open-in-former-best-buy-building-on-atlantic-blvd-on-aug-12/
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Best Buy plans to expand its Indian tech centre by over 40%, hiring across functions including data, AI, software engineering, and product management. The company currently employs around 350 people and expects to grow to 500-550. The expansion comes as global corporations increasingly set up operations in India to tap its growing talent pool.
Lotte Plaza Market, a prominent international supermarket specializing in Asian groceries, has announced plans to open its Jacksonville store on September 12, 2025. The new market will be located in the former Best Buy building at 9355 Atlantic Blvd., near Regency Square Mall in Arlington. The store is expected to be open daily from 9 a.m. to 9 p.m. and will operate 365 days a year [1].The construction and renovation of the 45,799-square-foot store are being carried out by Hawkins Construction Co. of Tarpon Springs. The total renovation cost is estimated at $8.99 million. The city of Jacksonville issued a permit on February 4, 2025, for General Sign Service Corp. to put up the supermarket's sign, following a permit issued on November 15, 2024, for Lotte Plaza Market to renovate the store [1].
Lotte Plaza Market specializes in offering a wide range of Asian products, including meats, seafood, produce, specialty items, and packaged teas. The store will feature at least seven food vendor stations and a food court area, along with a bakery. The company's goal is to open 50 locations by 2030, with previous stores in Orlando (opened in 2019) and Tampa (opened in November 2023) [1].
The expansion into Jacksonville is part of Lotte Plaza Market's strategy to tap into the city's diverse population and dynamic growth environment. The company believes Jacksonville's unique cultural heritage and steady growth potential make it an attractive location for their operations [1].
References:
[1] https://www.news4jax.com/news/local/2025/08/06/huge-asian-grocery-store-lotte-plaza-market-set-to-open-in-former-best-buy-building-on-atlantic-blvd-on-aug-12/
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