Once complete, the warehouse on the corner of Borella Road and Drome Street will be one of the biggest in Australia and replace the existing Young Street store.

Bunnings' trade centre in Wodonga is also relocating to East Albury.

Demolition work on the former Kimberly Clark factory, which shut nearly two years ago, where Bunnings will be built is nearing completion.

Bunnings’ property general manager Andrew Marks confirmed Troon would build another warehouse for the company.

“The new Bunnings Warehouse Albury is expected to create over 230 new jobs during the construction phase,” he said.

“The new warehouse is expected to create approximately 70 new jobs once open, as well as continued employment for team members transferring over from the existing warehouse and trade centre.

“Construction is due to commence in mid-2017.

“We will continue to update the Albury community as the development progresses.

“The new store is expected to open early 2018.”

Troon has built Bunnings stores in Queensland, NSW, Victoria and Tasmania.

One of its biggest recent projects in the region was the $20 million Woolworths supermarket development in Yarrawonga which opened in 2012.

Bunnings gained development approval from Albury Council last year to build the 20,000-square-metre warehouse plus 400 car parks.

A roundabout is being constructed at the corner of Alexandra and Drome streets to assist traffic flow in the area.

A 24-hour service station and convenience store is being built on the opposite side of Drome Street next door to the McDonalds restaurant.

Plans have also been lodged recently with council for Total Tools to build next door to McDonalds.

Also, another prominent Borella Road business, Peards Gardens Centre, has got development consent for a reconfiguration of the business estimated to cost almost $1 million.

Bunnings recently opened a store in Yarrawonga and established the Young Street warehouse in 2003.

The Wodonga store on Anzac Parade opened four years later.