Costco to open in Clermont

[Toymeister]

Source: https://www.bizjournals.com/orlando/news/2021/06/01/new-costco-construction-lake-county-florida.html

[Stu from NYC]

Been hearing rumors about this but glad it is coming but wish it would have been closer to us.

[Altavia]

Been hearing rumors about this but glad it is coming but wish it would have been closer to us.


Depends. Closer than Spanish Springs from the southern Villages.

[stan the man]

Getting closer

[Jima64]

The novelty of Costco wears off very quickly except for the hot dog deal up front.

[Nucky]

The competition near Lowes on 441 is really heating up. BJ'S is moving fast.

Lemme see, drive an hour or join a Wholesale Club I can access by car or Golf Cart? HMMMMMMMMMMM!

If I really need something from Costco I'll pay the freight and have it shipped.

[Road-Runner]

I get folk's desire for big box stores, especially 'discount' ones like Costco, but in our experience they can really impact quality of life in the nearby communities they market to. More traffic and in my experience more crime come hand-in-hand with the increased number of people coming from outside a community to shop (or other less desirable activities) there. There is nothing wrong with the big box stores themselves, just the crowds they bring in. We purchased in the villages for the quality of life there, I would hate for it to be diminished just for more nearby shopping. Not flaming anyone who disagrees, just our perspective from experience in Peachtree City, GA another bedroom community somewhat ruined by uncontrolled growth. Take care everyone.

[Aloha1]

Source: https://www.bizjournals.com/orlando/news/2021/06/01/new-costco-construction-lake-county-florida.html

Would have been nice to read the article but it's blocked unless you are a subscriber.

[CFrance]

Would have been nice to read the article but it's blocked unless you are a subscriber.
Google is... https://www.bizjournals.com/orlando/news/2021/06/01/new-costco-construction-lake-county-florida.html

[gatorbill1]

Would not drive to Clermont to shop a Costco. They used to be good on tires, but other items could be found locally at same price or lower.

[NoMo50]

I get folk's desire for big box stores, especially 'discount' ones like Costco, but in our experience they can really impact quality of life in the nearby communities they market to. More traffic and in my experience more crime come hand-in-hand with the increased number of people coming from outside a community to shop (or other less desirable activities) there. There is nothing wrong with the big box stores themselves, just the crowds they bring in. We purchased in the villages for the quality of life there, I would hate for it to be diminished just for more nearby shopping. Not flaming anyone who disagrees, just our perspective from experience in Peachtree City, GA another bedroom community somewhat ruined by uncontrolled growth. Take care everyone.

Clermont is not in The Villages. Hard to see how any potential negative impact would affect us here.

[Boilerman]

The article says “discussion continues on a potential new Costco on State Road 50…in Clermont. Costco reportedly has been eyeing the Clermont area for years for a future location.”

Not a done deal.

[Garywt]

The competition near Lowes on 441 is really heating up. BJ'S is moving fast.

Lemme see, drive an hour or join a Wholesale Club I can access by car or Golf Cart? HMMMMMMMMMMM!

If I really need something from Costco I'll pay the freight and have it shipped.
Last time I was down I heard that BJs was not building and a housing development was going in instead.

[M2inOR]

Confirmed: Costco to open new
location in Clermont

Jun 1, 2021, 11:55am EDT Updated: Jun 1, 2021, 12:01pm EDT

It's official: Costco wants to open a store in Clermont. Seattle-based Costco Wholesale
Corp. (Nasdaq: COST) is seeking approvals and permits from the city of Clermont for a future warehouse on State Road 50 north of Magnolia Pointe Boulevard on 19.2 acres, according to city documents. A planning and zoning meeting concerning the Costco will be held at 6:30 p.m. on June 1. Orlando Business Journal first reported in January that Costco, one of the world's largest retailers, was eyeing the site for its next Central Florida location.

The store will be 151,000 square feet, which is a typical size for a Costco location. The project will generate temporary construction jobs, as well as hundreds of full-time retail positions after it's built, making it an important economic generator.

The project team includes Colliers Engineering & Design as engineer; Orlando-based Archon Commercial Advisors as broker; Atlantic Retail Partner John Dottore as broker representing Costco; and Jacksonville-based Driver, McAfee, Hawthorne & Diebenow PLLC Vice President Brad Wester as planner. The landowner is Plaza Collina Orlando Asli VI LLLP, which is related to Winter Park-based developer Avanti Properties Group.

Avanti CEO Marvin Shapiro declined to comment and other project representatives weren't available for comment.

Costco needs site review and building permit approvals before construction can start, but a project timeline wasn't known, said Kathryn Deen, communications director for the city of Clermont. It's the latest Costco in Central Florida, as the Seattle retailer also plans to open a location in Viera. Florida has 28 Costco warehouses, which is the fourth-most in the U.S. behind Washington, Texas and California.

Big deal

Once it's completed, a typical Costco employs more than 300 people, according to Buzzfeed, and a single warehouse can generate $192 million in annual sales, according to Statista. Real estate experts say those eye-popping sales numbers — which Investopedia reported top all other single retailer locations in the U.S. — will attract other retailers who want to be near Costco.

"This is a generator that can anchor any type of mixed-use activity center, and they've got the land over there to do it," previously said Brian Grandstaff, principal at Millenia Partners who isn't involved in the deal. "It's going to be great not only for Clermont but also Winter Garden."

Costco has been growing faster since the start of the pandemic. In the U.S., Costco doubled the number of its warehouse openings in first-quarter 2021 from three to seven year-over-year, according to company filings. The retailer expects to open another 12-14 warehouses through the rest of its 2021 fiscal year. That growth joined a net sales surge of 16.9% year-over-year.

Retail stats

The Clermont/Lake County retail submarket features a 2.5%
average vacancy rate, which is lower than the Orlando-area
average of 5.8%, Colliers International Central Florida reported.
That shows demand for retail in the area.

In addition, the retail submarket's average asking rental rate was
$19.15 per square foot, compared with the Orlando-area average of
$18.57 per square foot.

Jack Witthaus
Staff Writer
Orlando Business Journal

[Topspinmo]

I don’t get it, why would I pay 120 bucks year just for privilege to shop in their store. They should be paying me!:)

[Stu from NYC]

I don’t get it, why would I pay 120 bucks year just for privilege to shop in their store. They should be paying me!:)

Think the charge is actually $ 60.

We pay about that much for Sams and think we easily get good value for it

[Topspinmo]

Think the charge is actually $ 60.

We pay about that much for Sams and think we easily get good value for it

Well, maybe I’d I was feeding family of 10?

Where I come from if I laid down the cash I’d be considered their pigeon. :faint:

[photo1902]

Well, maybe I’d I was feeding family of 10?

Where I come from if I laid down the cash I’d be considered their pigeon. :faint:

Sam’s has considerably better prices than Winn Dixie, Publix, etc. Not to mention free shipping.

And unless you’ve been in Sams or Costco recently, you’d realize the ole wives tail of having to buy a 5 gallon container of ketchup is nonsense.

And based on the crowds at Sam’s I’d say there are a whole bunch of happy shoppers, just like me.

[Nucky]

Last time I was down I heard that BJs was not building and a housing development was going in instead.

And your source is whom? :1rotfl:

We didn't just get off a ship with a chicken under our arm. :1rotfl:

[M2inOR]

I don’t get it, why would I pay 120 bucks year just for privilege to shop in their store. They should be paying me!:)

Evidently you missed some of the membership levels and their benefits.

We are a family of two that shop at Costco, Sam’s Club, Whole Foods, Fresh Market, Winn-Dixie, and Publix.

Each has something worthwhile to buy, and even better, we purchase enough from Costco to get a dividend each year that more than covers the annual membership fee. As for Sam’s, we save enough on what we buy there to also cover the annual membership fee.

Easy peasy. Shop smarter, and no it doesn’t take much effort at all. Still have plenty of time to play golf, pickleball, partake in pool activities, and enjoy life and vacations.

[JoMar]

I don’t get it, why would I pay 120 bucks year just for privilege to shop in their store. They should be paying me!:)

We felt the same way but did it anyway. My wife had a trip to PA BOOKED and compared the Costco rate for a rental car anD the rate saved her $175.00 so more than paid. Plus that membership has protection if you don’t get enough cash back-in a year. So far they are paying me plus they have great peanuts :)

[Topspinmo]

Sam’s has considerably better prices than Winn Dixie, Publix, etc. Not to mention free shipping.

And unless you’ve been in Sams or Costco recently, you’d realize the ole wives tail of having to buy a 5 gallon container of ketchup is nonsense.

And based on the crowds at Sam’s I’d say there are a whole bunch of happy shoppers, just like me.

I see you didn’t mention Walmart (sam’s clubs Walmart same) anybody can bet Publix prices. Even 7 11.

[asianthree]

I see you didn’t mention Walmart (sam’s clubs Walmart same) anybody can bet Publix prices. Even 7 11.

Prices are higher at Walmart, plus Sams does stock many different items, that you can’t get at Walmart. I shop online for Sams, Costco, Whole Foods.
Haven’t been in a Publix in years. A good app will tell you who has a better price, and you don’t have to think about it.

[photo1902]

Prices are higher at Walmart, plus Sams does stock many different items, that you can’t get at Walmart. I shop online for Sams, Costco, Whole Foods.
Haven’t been in a Publix in years. A good app will tell you who has a better price, and you don’t have to think about it.

Bingo!

[justjim]

I have observed that shopping is a hobby for some seniors. Most have enough stuff, including food, that they wouldn’t need to leave their house for three months and they would be just fine. The big box stores are so big and items hard to find you do get a bit of exercise. Just for fun we will likely make a trip to Costco after it opens to see what all the excitement is about, besides, we have friends on US 27 about half way and she is one heck of a cook...

[NoMo50]

You'll know the pandemic is over when Costco starts handing out samples again!

[Stu from NYC]

You'll know the pandemic is over when Costco starts handing out samples again!

Does it count if Sams gave out samples this past Saturday? They did put them in a tiny plastic container though.

[graciegirl]

We have a perfectly good Sam's Club here in The Villages.

We belonged to both back home.

Not really a nickles worth of difference.

The affiliation to one or the other is usually based in some political theory. That is silly to me.

[JMintzer]

I don’t get it, why would I pay 120 bucks year just for privilege to shop in their store. They should be paying me!:)

Isn't that the fee for an executive membership?

That's what I have, since I purchase so much for my office...

I get a rebate check every year that more than covers that fee...

[Villagesshopper]

Lol, I know, who posts something no one can read? Silly, this darn internet can be challenging…..

[EdFNJ]

I don’t get it, why would I pay 120 bucks year just for privilege to shop in their store. They should be paying me!:) Good question! Why would you when it actually costs $60?? That plus they have recently been offering a $10 gift card when you join. Of course the actual "facts" are never are important. :D



YAY! Another Costco thread!

[Aloha1]

You'll know the pandemic is over when Costco starts handing out samples again!

COSTCO announced it is restarting free samples this month. So....

[asianthree]

Made a Costco run today, renewing our membership, that should have been $120. Fee was ZERO, with the check rebate, and then some. Picked up prescriptions for much less, Gas .29 less, almond and cheese danish $7.99 for 8. Plus other things we needed for a small gathering, that I had preordered. In and out in 20 minutes. Costco is not for everyone, especially for multitude that no long cook in TV. But it’s so worth the no fees to shop for us.

[yabbadu]

Source: https://www.bizjournals.com/orlando/news/2021/06/01/new-costco-construction-lake-county-florida.html
Who Cares!!!!!!:bigbow:

[justjim]

It will likely be at least 2023 before shopping will be available at the Clermont Costco. Nice, we can rehash all these posts a couple more times and throw in a couple of dog poop and roundabout threads too. By then The Villages will be close enough to Clermont to rumor a cart path right to the front door of Costco. What’s not to like about The Villages?

[asianthree]

It will likely be at least 2023 before shopping will be available at the Clermont Costco. Nice, we can rehash all these posts a couple more times and throw in a couple of dog poop and roundabout threads too. By then The Villages will be close enough to Clermont to rumor a cart path right to the front door of Costco. What’s not to like about The Villages?

You forgot to add a percentage of residents will no longer be able to drive there, living in a facility, or residing in a container, before Costco will open.