Costco

[okc_bel_air]

I was sold by him but bought by Western Healthcare Parteners. Sounds like a surgery center of some sort will go there.

This is who bought it.

G. David Neff- Your Oklahoma Expert for Custom Professional Buildings

[okc_bel_air]

You must have edited your post same tme as me.

I could see this being a St. Anthonys North complex

[Pete]

I wouldn't be surprised if this was part of a deal with Costco.

I also heard Costco at that site will be part of a much larger development, including possibly Crate & Barrel.

[flintysooner]

COSTCO usually needs about 18 acres.

[Pete]

COSTCO usually needs about 18 acres.

If they are part of the bigger development, they could get by with less.

The stores themselves are only about 3-4 acres.

[flintysooner]

I know a few years ago when they were looking they wanted 15 to 18 acres for 145,000 sf warehouse retail building and a separate gas station and they didn't want to share parking. If I recall correctly they wanted 750 spaces minimum for parking.

They do have a "newer" business concept that is smaller and can fit on a smaller lot.

[okc_bel_air]

Looking back at post #51 and then looking up the Planning Commission meeting this is what i find.

SIRE Public Access

Meeting notes from June 13th.

Western HealthPlex.

I still think Saints North

[onthestrip]

Ive heard its St Anthonys as well.

On the other side, I would expect a Costco to eventually happen with a large scale development surrounding it to follow.

[flintysooner]

The hard SW corner of W. Memorial and N. Western (south of the turnpike) just traded hands on 8/13/2013 for $3,489,000 for 8 acres.
That's $24.30 per square foot!

The seller is Houghton Heights Limited Partnership which I traced to Don Karchmer (a local developer).
The buyer is Western Healthcare Partners who I traced to G. David Neff (another local developer / Builder).
Here is his bio:
About G. David Neff- G. David Neff

Here is the county assessor link:
Leonard Sullivan Oklahoma County Assessor Real Property Detail Sheet

Don also owns the adjacent 92 acres, but I wonder if this 8 acres was carved out for Costco?

Pete - I think this is $10 per sf.

[josh]

I wouldn't be surprised if this was part of a deal with Costco.

I also heard Costco at that site will be part of a much larger development, including possibly Crate & Barrel.

Unfortunately Oklahoma City doesn't have the economics demographics that C&B looks for. But who knows.

[bchris02]

Unfortunately Oklahoma City doesn't have the economics demographics that C&B looks for. But who knows.

OKC could get a Container Store though which I think is a similar concept. Little Rock has one. For C&B, OKC would run into the same problem it has with a lot of retailers, which is why they usually end up in Tulsa. If they decide to overlook that, I can see it being possible. Maybe they know if they can get in the same development as Costco, which will draw from much further than the 5 mile radius they usually look at, it could work.

[beshy]

The hard SW corner of W. Memorial and N. Western (south of the turnpike) just traded hands on 8/13/2013 for $3,489,000 for 8 acres.
That's $24.30 per square foot!

The seller is Houghton Heights Limited Partnership which I traced to Don Karchmer (a local developer).
The buyer is Western Healthcare Partners who I traced to G. David Neff (another local developer / Builder).
Here is his bio:
About G. David Neff- G. David Neff

Here is the county assessor link:
Leonard Sullivan Oklahoma County Assessor Real Property Detail Sheet

Don also owns the adjacent 92 acres, but I wonder if this 8 acres was carved out for Costco?

So is that good or bad news?

[bchris02]

Good news because a hospital is being built there. Bad news for anyone hoping it would be Costco.

[Soonerman]

So is OKC getting a Costco?

[LuccaBrasi]

Yes, they will be coming, just nothing official yet.

I've been told Cabela's has also looked into the site in question.

[sgt. pepper]

OKC could get a Container Store though which I think is a similar concept. Little Rock has one. For C&B, OKC would run into the same problem it has with a lot of retailers, which is why they usually end up in Tulsa. If they decide to overlook that, I can see it being possible. Maybe they know if they can get in the same development as Costco, which will draw from much further than the 5 mile radius they usually look at, it could work.

why is that?

[NWOKCGuy]

why is that?

Haven't you been following sgt. pepper? Everything that OKC is lacking is due to Walmart saturation.

[bchris02]

Haven't you been following sgt. pepper? Everything that OKC is lacking is due to Walmart saturation.

That's only the grocery market that is affected/hindered by Wal-Mart.

Upscale stores like Crate & Barrel may take issue with lack of enough high-income rooftops within a 5 mile radius.

[OklahomaNick]

Pete - I think this is $10 per sf.

Yeah, my bad. I did my off hand math too quickly.

[beshy]

Here in Lubbock on business. Just saw costco under construction. By the way little over a mile away from SAMs. At 630 pm there were propably about 150 vehicles for the construction crew on site. Lots of people working. Looked it up they are planned for a 100 day construction start to finish to opening.

[LuccaBrasi]

Here in Lubbock on business. Just saw costco under construction. By the way little over a mile away from SAMs. At 630 pm there were propably about 150 vehicles for the construction crew on site. Lots of people working. Looked it up they are planned for a 100 day construction start to finish to opening.

That timeframe is typical for Costco. Their normal schedule for a "typical" store is 110 days.

[Celebrator]

Lubbock! What the...? C'mon, you're killin' us Costco!

[zachj7]

Lubbock... Really...? That's sad that they get a Costco before us. What does Lubbock have over us?

[ljbab728]

Lubbock... Really...? That's sad that they get a Costco before us. What does Lubbock have over us?

Tumbleweeds and being in Texas. LOL

[sgt. pepper]

Haven't you been following sgt. pepper? Everything that OKC is lacking is due to Walmart saturation.

So Tulsa is not saturated with Wal-Mart's and that is the reason Tulsa gets all the cool, popular stores?