CEDAR PARK - The 1890 Ranch shopping center may not have any plats left for new construction, but that hasn't slowed retail development announcements.
Earlier this month, Walmart announced plans for a new super center and an estimated 300 new jobs is planned for the northwest corner of RR 1431 and Parmer Lane. The announcement was soon followed by news that warehouse club Costco, the nation's third largest retailer, will open a new store on the northwest corner of RR 1431 and 183 A Toll.
Costco officials said in a telephone interview Monday that the warehouse would employ between 300 and 400 people with about half of those new jobs being full-time.
Cedar Park Economic Development Director Phil Brewer said the city is excited about the recent announcement which has been a long time coming and will help bring in even more satellite businesses around the warehouse.
"City representatives have met with Costco officials a number of times over the last four years to talk with them about expanding to Cedar Park," he said. "The expansion of Costco to the Town Center project on the northwest corner of Whitestone and 183A will have a positive influence on other retailers and restaurants considering the area.
Dave Messner, vice president of real estate for Costco, said the new Cedar Park warehouse will probably be about 150,000 square feet and will also feature a fuel station.
"We think it's a great market for Costco," Messner said.
Because it is still early in the planning process, Mesner said he did not have a precise construction timeline or opening date, but he said he hopes the store will be open either late next year or by early 2013.
Currently, Costco has a store a few miles south in Austin's Arboretum area. Another store is located in the southwest part of Austin.
According to the Costco company website, individual and business memberships cost $55 annually. An executive membership, which boasts a 2-percent reward each year is also available for $110 a year.