Costco is proof that when one door shuts, another opens.
On November 16, Costco will close its Springdale, Ohio facility and open in Liberty Township the next day.
The 2000-opened Springdale Costco will close. The 150,000-square-foot shop was planned as a Costco Business Center.
Due to the store's size and smaller business centre, Costco's operations team determined after two-and-a-half months that a conversion would not be cost-effective.
It's not surprising, and I don't believe this is the end of market instability in Cincinnati and Springdale.
The city spent two years creating a post-pandemic economic development plan, which we're implementing today.
Cincinnati locals have something to look forward to despite the closing.
On November 17, they'll have access to a 160,529-square-foot Costco, part of the $133 million Freedom Pointe development near Cox Road and Liberty Way, east of I-75.
This project will include 402 apartments and townhouses, dental and maxillofacial surgical affiliations, a hotel, and more retail outlets, restaurants, and offices.
Costco's new Liberty Township location will be on Cox Road beside The Christ Hospital. Costco is adding additional stores throughout the U.S. this autumn.