B.C.-based retailer Save-On-Foods has announced plans to build a new retail grocery store in Whitehorse. It'll be the first Save-On-Foods store in Yukon.

There has been speculation about the company's Whitehorse ambitions since it purchased a plot of vacant land at the corner of Chilkoot Way and Quartz Road this past winter. A ground-breaking ceremony is to happen Wednesday at the site.

Save-On-Foods site, Whitehorse

Save-On-Foods bought the vacant lot at the corner of Chilkoot Way and Quartz Road, earlier this winter. (Google)

The company says it will build a 42,000-square foot retail store with an adjacent 12,000-square-foot wholesale store on the property. Construction is scheduled to begin later this year.

Save-On-Foods president Darrell Jones is expected at Wednesday's ground-breaking event, along with mayor Dan Curtis and Whitehorse Chamber of Commerce president Rick Karp.

The store will be the third major grocer in the downtown area, along with the Real Canadian Superstore and Wykes' Your Independent Grocer.

Save-On-Foods has more than 100 supermarkets in western Canada, most of them in B.C.

The Whitehorse store is expected to open sometime in 2017.