ISSAQUAH — The city of Issaquah says Costco is planning a major expansion of its corporate headquarters.
ISSAQUAH — The city of Issaquah says Costco is planning a major expansion of its corporate headquarters.
City director of economic development, Keith Niven, told the Seattle Daily Journal of Commerce the new space could create room for as many as 2,000 new workers.
Costco currently occupies three buildings that are full.
Niven says the city and Costco are attempting to complete permits for the expansion project by the end of the year.
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BELLINGHAM - The City Council will consider removing the size limit on big-box stores from a property that has been the subject of negotiations between city officials and Costco.
That would be just one of many actions required to attract a large store to undeveloped land off West Bakerview Road, across from Fred Meyer.
The change to city code exempting the property from the 90,000-square-foot limit will be considered at a public hearing before the council at 7 p.m. Monday, Feb. 11. The meeting will be held at City Hall, 210 Lottie St.
BELLINGHAM - Retail giant Costco is envisioning a 161,893-square-foot store with a six-island gas station and about 800 parking spaces at a potential site along West Bakerview Road, near Interstate 5.
The company submitted a pre-application packet to the city earlier this spring, and a rendering of the early design was posted on the social media site Reddit earlier this week.
A pre-application packet is an early-stage step in the process so the company can learn about what the city would require, said Jeff Thomas, director of the city planning department. The step also gives a company a better idea of what financial investment will be needed before committing to the project.
ISSAQUAH – Costco’s fiscal first-quarter net income rose 30 percent on better sales and more revenue from membership fees at its warehouse clubs.
Right or wrong, Wall Street long has criticized Costco for not being very shareholder-friendly. It pays its employees too well, goes the argument, or it sells merchandise cheaper than necessary to win customers.
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