CBH's new Mirambeena site on the outskirts of Albany will be completed in time for the 2016 harvest as the co-operative moves to deal with grain production increases in the zone.
Planning delays prevented the site from being ready for the 2015 harvest.
Significant building and concrete works are now finalised and the four circular storage bins now have all walls and framework completed.
The v-pits over which growers discharge grain have also been finished.
In late 2014, growers were subjected to reduced operational hours and grain receivals as the port site was nearing capacity.
The new grain receival point is expected to take the pressure off the Albany port with extra storage for grower deliveries during peak periods.
CBH operations general manager David Capper said the $28 million development on Down Road would improve services to growers and customers in the Albany Zone.
"CBH's decision to develop the new site was prompted by the significant growth in grain production in the Great Southern region in recent years, a trend that is expected to continue," Mr Capper said.
"The completed Mirambeena site includes four 20,000 tonne circular storages, two open bulkheads and a new sample, weigh and marshalling area.
"Over the coming months, work will continue on the construction of the roads and open bulkheads and the installation of the E-Pit."
The Mirambeena project is part of the CBH's network strategy.
"The CBH Group is currently conducting a series of grower meetings to discuss the network re-shape and to show grower's first-hand the network of the future," Mr Capper said.
The meetings will make their way to the Albany Zone this week, with meetings to be held in Wagin, Cranbrook, Jerramungup and Newdegate.
"The network plan focuses on significant capital and maintenance expenditure over the next five years, which includes important strategic improvements including Mirambeena," he said.
"The network strategy also includes site consolidation that will deliver a low-cost, efficient grain supply chain and increased tonnes to port when our exporters need it."