You know what they say: When one door closes, another one opens—and that’s certainly the case with Costco.
According to recent reporting from the Cincinnati Business Courier, Costco will shut the doors of its Springdale, Ohio location on November 16 only to open a new warehouse in Liberty Township the day after.
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Back in July, Andy Kuchta, Springdale’s economic development director, confirmed that Costco’s Springdale location, which originally opened in 2000, will be closing. He revealed that there was initially a plan to convert the 150,000-square-foot store into a Costco Business Center.
However, after two-and-a-half months of reviewing conversion options, Costco’s operations team concluded that this could not be done in a cost-effective manner, due to the size of the store and smaller business center. And ultimately, the impending closure didn’t come as a surprise to Kuchta.
“It’s not unexpected, frankly, and I don’t think this is the end of the turbulence we are going to see in our real estate market, in the Cincinnati market in general, but specifically in the Springdale market as well,” he told FOX19 NOW in July. “The city has spent the last two years pivoting to create a post-pandemic economic growth strategy and we’re executing on that right now.”
Despite the upcoming closure, Cincinnati-area residents still have something to look forward to. On November 17, they will have access to a 160,529-square-foot Costco store, which is also part of the $133 million Freedom Pointe development at Cox Road and Liberty Way, just east of Interstate 75. This project will also feature 402 apartments and townhomes, affiliates in oral and maxillofacial surgery, and a hotel, along with additional plans for more retail stores, restaurants, and offices.
Costco’s new Liberty Township store will be located on the northeast corner of Liberty Way/Cox Road, on Cox Road opposite of The Christ Hospital. But that’s not the only new Costco store coming down the pipeline, as various store openings across the U.S. are slated to kick off this fall.