Costco Wholesale Corporation purchased 13 acres near the intersection of Hwy. 59 and Kirkwood Road for the 148,000-square-foot store, which is currently under construction. This will be the first Costco Business Center in Houston, according to the release.
With only about 15 stores nationwide, Costco Business Centers vary from traditional Costco Wholesale stores in that they largely feature different products, such as commercial appliances, individually wrapped snacks and an expanded selection of drinks, according to the retailer. Costco Business Centers typically do not feature clothing, books and sporting goods, nor do they usually have on-site pharmacies, liquor stores or eye care centers.
However, Costco Business Centers are open to any Costco member.
“We are excited to welcome Costco Business to the Grid and the City of Stafford," Stafford Mayor Cecil Willis said in the release. "This is a great addition for our residents and will wonderfully complement our growing businesses. This is just another opportunity that is helping the Grid to redefine the future of Stafford.”
The Grid development now includes two apartment communities along with restaurants and other retailers.
“Costco is the forward-looking and nimble retailer we’ve been seeking in an anchor tenant, bringing a national reputation for its innovative retail strategy,” said Adam Schiller, managing principal at StreetLevel Investments, in the release. “We are thrilled Costco selected the Grid as the first Houston location for its Business Center concept, and we look forward to a very successful grand opening.”