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Costco at Coit & 75: On Again, Off Again...On Again?

15,283 Views | 73 Replies | Last: 4 yr ago by J.P. 03
J.P. 03
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AG
I'm already worn out from the cycle of getting my hopes up and seeing them shattered when some piece of the deal falls through, but that said...is it really happening this time?

quote:
Costco Wholesale unveiled initial plans for a 150,000-square-foot store northeast of Churchill and Coit during a City Plan Commission meeting Thursday.

Along with groceries and general retail, the store will have a pharmacy and bakery, as well as tire, photo, optical and hearing-aid centers.


http://lakehighlands.advocatemag.com/2016/04/see-plans-costco-coit-central/
MattAg06
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AG
I assume this would be in the old DART bus station area that's been unused forever? Would be awesome if it came to pass!
Duncan Idaho
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I will believe it the day I cancel my Sam's card.
double aught
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AG
You gotta hope for better stuff, buddy.
progress
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quote:
You gotta hope for better stuff, buddy.


Nah. Clearly you've not been to Costco for most things. All quality all value. Just makes things convenient.
DannyDuberstein
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Welcome to Costco. I love you.
Phat32
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MGS
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Maybe it'll keep the Dallas county riff raff out of the Plano stores.
aggielostinETX
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We go to Rockwall, because Plano stores are "It's a little Plano in here"
bert harbinson
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quote:
We go to Rockwall, because Plano stores are "It's a little Plano in here"
Not sure what you mean. Fat, slow, and oblivious happens everywhere, even Plano.
walton91
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Well they are asking for money, so it sounds like it's for real

Costco wants $3 million grant from Dallas to open its first superstore in city limits
double aught
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I'd tell Costco to get lost if they want $3MM, were I the city.
aggielostinETX
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Most likely its abatements against future taxes. The city will make it up in sales tax revenue and they aren't getting squat today.
double aught
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Yeah, it makes sense. It just seems like a money grab for Costco for no other reason than because they can. And I don't care for that.
walton91
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Of course they will grant it. I'm not sure Dallas ever says no to coughing up money for a company relocation or developer incentives. Dallas is desperate for this sort of thing and everyone knows it.
VonDownByTheRiver
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People who hang on to scraps of news about some retail corporation make me laugh. It's a store!
Phat32
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quote:
Of course they will grant it. I'm not sure Dallas ever says no to coughing up money for a company relocation or developer incentives. Dallas is desperate for this sort of thing and everyone knows it.


Laura Miller would like to have a word with you about Cowboys Stayjum
RAM 12
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http://cityhallblog.dallasnews.com/2016/05/a-wonderful-investment-costco-guarantees-at-least-225-jobs-for-3-million-grant-from-dallas.html/
'03ag
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quote:
Yeah, it makes sense. It just seems like a money grab for Costco for no other reason than because they can. And I don't care for that.
Was it a money grab when I asked to pay less than the asking price for my last car, just because I could?

I also rejected the first offer the last time I moved jobs. I'm so sorry.
supermanrv
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AG
Dallas City Council is voting on this proposal today.
walton91
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It passes, 10-5

Dallas City Council Approves $3 million for Costco
Phat32
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AG
aggielostinETX
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Yep, on my commute home.
YOU GET A CHICKEN! YOU GET A CHICKEN! EVERYBODY GETS A CHICKEN!!!!
hatchback
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double aught
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AG
Would they have built it anyway? I would've called their bluff.
aggielostinETX
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AG
quote:
Would they have built it anyway? I would've called their bluff.


They didn't last time.
'03ag
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quote:
Would they have built it anyway? I would've called their bluff.
Maybe, maybe not. Like any other business(or individual for that matter) they can only put so much capital at risk at a time. Their margins are thin and getting ROI takes a lot of time. If they can build somewhere else and recoup that investment faster, they will do it. Every time.

I swear people have no idea what it costs to run a business or get anything done when dealing with a city. Red tape, taxes, permits, inspections(ya know, money grabs) add up so fast. For an endeavor the size of Costco those money grabs are massive. If they have leverage they'd be stupid not to use it.
progress
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'03ag - great commentary. very well said.
Ol Jock 99
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quote:
Red tape, taxes, permits, inspections(ya know, money grabs) add up so fast.
It has been insane on a house. I can't even imagine on a huge store with a huge parking lot.
Oruc Reis
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They have broken ground at this site. Removed DART installations and tearing up parts of the concrete
J.P. 03
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Oruc Reis
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rasher said:




This is how I feel right now. I work across coit from it.
Ol Jock 99
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aggielostinETX
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On my commute home...I forsee lots of rotisserie chicken in my future...
SoCalAg97
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Being a North Dallas area resident, I have only known Sams for the last 15+ years. Now that Costco is appearing to be a reality, can someone explain why Costco is better than Sams? Like what are the major differences?
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