Costco coming to Raleigh area
November 26, 2013 by Mark
Signs have emerged this month that the long-running rumor that Costco is to open a store near Raleigh is about to come true.
Bizjournals.com has reported that the warehouse store has chosen Apex, a town located in the Triangle, where it has two other stores. Apex is about 16 miles from Raleigh, which makes it a relatively short commute for residents here.
On November 12, the Apex planning board recommended that a retail center called Nichols Plaza should be approved, with Costco as its anchor tenant. The new plaza will comprise 35 acres along U.S. 64, where it intersects Laura Duncan Road. Costco’s space will be 149,500 square feet, which includes the main warehouse and an outlying gas station. In addition, there are nine more parcels away from the main center that can be developed in the future as service and retail businesses.
Columbia Development has taken the lead in in planning for Costco to move into Nichols Plaza. Its members will build and finance a new road connecting Laura Duncan Road to the shopping center next to Nichols Plaza. The company will also add turn lanes into the new center, as well as widening those that already exist on the busy U.S. 64.
Perhaps the best news for the area is that Costco should bring about 150 jobs with it when it moves into the new plaza. Developers could work with brochure printers to create a mailer for prospective retail tenants, inviting them to consider the plaza for their businesses when it is completed.