Costco Coming to Lake Norman????

Could the third largest retailer in the United States be coming to the Lake Norman area? Sources from the Charlotte Observer have found that Costco, the discount warehouse club retailer, is looking for a site to build a store in the Lake Norman area.

Ely Portillo, with the Observer, wrote on December 6, 2011 about the possibility of Costco at Lake Norman. He noted that Brian Simon, of HRS Retail, said Costco executives have been to the area with him to look at possible locations. Developments along I-77, from exits 18 to 36, have been considered, Simon said. The retail chain hasn’t decided on a spot, Simon said, and executives are returning later this week to look some more.

There are currently two area Costco stores, one in Matthews and one on Tyvola Road, in Charlotte. A new store in the affluent northern suburbs would give Costco a shot at customers who don’t want to make the drive all the way to southern Charlotte or Matthews.

Not only is Costco the 3rd largest retailer in the United States, but it is the 9th largest in the world, and the largest retailer of fine wine. We are keeping our fingers crossed in Cornelius and Huntersville that this happens soon!

For more information on the Lake Norman area – Cornelius, Davidson, Huntersville, Mooresville or Denver – please never hesitate to contact me!!

Elizabeth Davis
Buyer Specialist – Christy Walker & Associates
Keller Williams Lake Norman

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