Above, Walmart's video on the Neighborhood Market.

by Timothy Rutt

Walmart confirmed today that it will locate a Neighborhood Market at the Lincoln Avenue/Figueroa Drive location, as we broke yesterday.

According to a statement from Walmart senior director of community affairs Steve Restivo, “We think Walmart can be part of the solution in the Altadena community for residents who want more affordable options close to home.  Customers and businesses always prefer a vibrant storefront over a vacant building and we look forward to creating a new option for healthy food in the community.  We expect to start construction work soon, with a planned opening next year.”

According to a Walmart fact sheet, the store will create 60-65  new jobs, and Walmart's full-time average hourly wage in California is currently $12.79 per hour.

Full fact sheet appears after the jump.