Home Depot building store in Davenport

Home Depot is building a store at the northeast corner of U.S. 27 and Davenport Boulevard in Davenport. The retailer has posted a $2.35 million performance bond covering the public improvements required for the project.

The store adds another national retailer to Davenport, where the population grew from 9,043 residents in the 2020 Census to an estimated 18,110 in 2025, according to the U.S. Census Bureau.

The bond covers the roads, drainage and other infrastructure required for the development. Home Depot U.S.A. Inc. is listed as the principal and Liberty Mutual Insurance Co. as the surety.

The work must be completed by May 29, 2027, unless Polk County grants an extension. If Home Depot does not complete the improvements, Liberty Mutual would be responsible for finishing the work or reimbursing the county for costs up to the bond amount.