Costco looks set to act on a 5-acre plot it bought last year. (BizSense file photo)
Months after dropping millions of dollars to buy the property next to its Henrico location, Costco is preparing to put that land to use.
The wholesale chain has filed plans to expand the footprint of its warehouse store at 9650 W. Broad St. and relocate its gas station to the neighboring plot at 9700-9750 W. Broad St.
The plans call for construction of a 20,000-square-foot addition, to be tacked onto the west side of Costco’s existing 131,000-square-foot warehouse.
A site plan for Costco’s envisioned West Broad Street operations. (County documents)
The two existing buildings at 9700-9750 W. Broad St. are planned to be demolished to make way for a 24-pump fuel station, while Costco’s existing, 14-pump fuel station on the east side of its property would be cleared.
The number of parking spaces for the store would also be increased as a result of the reconfiguration, going from 633 to 795.
The development would effectively connect the two parcels, both of which Costco owns.
The plans, filed with Henrico County last month, provide an answer to why Costco bought the 5 acres at 9700-9750 W. Broad St. for $13 million. Costco picked up the land last fall but was mum on what its plans were.
It’s unclear what the project timeline is. Costco did not respond to a request for comment for this story.
Colliers Engineering & Design is listed as the engineer in Henrico planning documents.
The Broad Street deal was the first of two Costco made last year in the Richmond region. In December it bought 3.6 acres of undeveloped land next to its Midlothian warehouse for $1.1 million. No plans have been filed for that site as of press time.
Costco looks set to act on a 5-acre plot it bought last year. (BizSense file photo)
Months after dropping millions of dollars to buy the property next to its Henrico location, Costco is preparing to put that land to use.
The wholesale chain has filed plans to expand the footprint of its warehouse store at 9650 W. Broad St. and relocate its gas station to the neighboring plot at 9700-9750 W. Broad St.
The plans call for construction of a 20,000-square-foot addition, to be tacked onto the west side of Costco’s existing 131,000-square-foot warehouse.
A site plan for Costco’s envisioned West Broad Street operations. (County documents)
The two existing buildings at 9700-9750 W. Broad St. are planned to be demolished to make way for a 24-pump fuel station, while Costco’s existing, 14-pump fuel station on the east side of its property would be cleared.
The number of parking spaces for the store would also be increased as a result of the reconfiguration, going from 633 to 795.
The development would effectively connect the two parcels, both of which Costco owns.
The plans, filed with Henrico County last month, provide an answer to why Costco bought the 5 acres at 9700-9750 W. Broad St. for $13 million. Costco picked up the land last fall but was mum on what its plans were.
It’s unclear what the project timeline is. Costco did not respond to a request for comment for this story.
Colliers Engineering & Design is listed as the engineer in Henrico planning documents.
The Broad Street deal was the first of two Costco made last year in the Richmond region. In December it bought 3.6 acres of undeveloped land next to its Midlothian warehouse for $1.1 million. No plans have been filed for that site as of press time.
The gasoline sales lines at the current store have always been an issue so this will relieve that problem. Ingress hasn’t been a big deal but egress could be improved with a connection to Stillman Parkway.
I find it as interesting that gasoline sales continue to rise with increased competition for sites. 2023 witnessed the biggest oil production numbers in US history by a long shot. America’s appetite for crude seems boundless.
The US demand for crude seems boundless? In fact if you look at global numbers, US use of crude oil is flat to very slightly declining. Look at the Developing World, China and India, you see a very different situation. Global use of crude is approaching 100Million barrels a day and that number is expected to rise in the future. Who would have thought that others on the Globe would like a standard of living we take for granted? It is important to remember that a household annual income of $32,000 puts you in the top 1% of the World’s… Read more »
I stand corrected somewhat. I should have cited “global demand” as the US has become a net exporter. Our refineries are functioning at about 97% capacity and production is at an all-time high, not consumption.
It might condense the traffic but not sure it will relieve the pump wait times. Other localities with 24 or even 30 connects still see overflow onto the adjoining access roads especially on Saturday but it should help. The Stillman parkway as an alternative exit is a BIG plus!
One of the running gags about me wanting to buy a EV was to avoid sitting in the annoying Costco and Sam’s Club Gas Station Lines along avoid all other gas stations.
But what I find dumb is they are still bulldozing places to build more gas stations with 24 and 100 pumps and giant parking lots.
Wait until you see Buccee’s!
Nice to see them make it easier to get best price for gas on Broad St.
Costco takes care of its customers and it’s employees.
I really don’t understand why Costco continues to keep its tire business under the same roof as the rest of the store. Seems like breaking out the tire shop to a standalone building on the far west corner would be a better use for that land while gaining 8-10k of space in the existing building for expansion. Unless the front entrance is moved from its current location, that NW corner seems like the last place any customer would want to park….
The employees could use the new parking area, freeing up the existing spaces they are currently taking up front.
Absolutely agree moving employee parking to the back side of the building, but I still think there is value to unlock within the existing structure by moving Tire Operations to a separate structure.
I hope they put a diesel pump in. I know other Costcos have diesel.