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Stock impact report

Plans for possible Liberty Lake Costco scrapped [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
A third-party company, which signed a purchase agreement for a large tract of land in Liberty Lake for what reportedly was a new Costco location, recently backed out of the deal, meaning that the retail giant won't be expanding in the area anytime soon. "At this point, it is not going forward," said Doug Yost, vice president for development and acquisition for Cowles Real Estate Company, which owns Centennial Properties. Centennial owns the roughly 38 acres south of Interstate 90. It's situated north of East Country Vista Drive and west of North Kramer Parkway and just northeast of Ridgeline High School. Yost said he could not identify the retailer as Costco, under agreement with the third-party company, but plans filed with Liberty Lake called for a 167,000-square-foot building and 24-refueling stations, which is virtually the same size as the Costco built in 2018 at 12020 N. Newport Highway. The third-party company had sought a zoning variance that would have expanded the f Show less Read more
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