Michigan's 1st Costco Business Center is coming to Southfield

JC Reindl, Detroit Free Press
Updated 3 min read
0
In this article:

Plans for Michigan's first Costco Business Center are moving closer to reality.

Costco recently purchased a 13.4-acre site in Southfield near the former Northland Center mall, where it plans to build the 160,000-square-foot business-oriented shopping warehouse.

Construction is well underway on May 18, 2023 at the future Northland City Center in Southfield, the site of the former Northland mall.
Construction is well underway on May 18, 2023 at the future Northland City Center in Southfield, the site of the former Northland mall.

The store would be an anchor for the future Northland City Center development that is now under construction and will feature housing, retail and restaurants.

News of the land sale, which closed early this month, was announced Thursday by the Friedman Real Estate Group, which advised the seller. The seller was Contour Companies of Bloomfield Hills. Contour is developing Northland City Center.

Map showing a Costco Business Center at the future Northland City Center.
Map showing a Costco Business Center at the future Northland City Center.

“It has already been approved by the city of Southfield and they have permits in hand," said Alan Stern, a senior vice president with Friedman.

Costco Business Centers are different from regular Costcos. Products are sold in greater quantities, for instance, and they don't have bakeries or pharmacies.

According to the Costco website, more than 70% of items in the business centers are different than those found in a typical Costco. Standard Costco membership cards also work in the business centers.

Southfield Mayor Ken Siver said Thursday that Costco has been eying the location since 2016. Northland Center mall closed in 2015.

Construction is well underway on May 18, 2023 at the future Northland City Center in Southfield, the site of the former Northland mall.
Construction is well underway on May 18, 2023 at the future Northland City Center in Southfield, the site of the former Northland mall.

“It’s honestly been an off-again, on-again project," Siver said of Costco's plans. "Part of it had to do with the pandemic and the economy and so on. But it’s become a reality and people are excited.”

More: Demolition underway, groundbreaking set for Northland site

A Costco representative could not immediately be reached for comment Thursday regarding the timeline for the store.

Mayor Siver said he was told that construction could begin almost immediately.

"So I wouldn’t be surprised if they opened by December because they put those boxes up pretty fast," he said. “And if it’s not December, then it would be early 2024.”

There are 16 Costco locations in Michigan and 24 Costco Business Center locations nationwide.

Northland City Center broke ground in fall 2021 and is a multiphase development. The initial phase is well underway and calls for 400 apartments as well as new retail and restaurants. Significant progress has been made on two all-new buildings facing Greenfield Road.

As part of the development, the original 1954 J.L. Hudson department store building is being transformed into a food and goods emporium called Hudson City Market.

Construction is well underway on May 18, 2023 at the future Northland City Center in Southfield, the site of the former Northland mall.
Construction is well underway on May 18, 2023 at the future Northland City Center in Southfield, the site of the former Northland mall.

Mayor Siver said he was told that Hudson City Market could be ready as soon as 2025.

“I can't wait for it to open," he said. "I keep telling people 'We’re going back to Hudson's!' "

Construction crews were busy at work Thursday afternoon. Davon Lane, 27, was among a half-dozen people at a bus stop across from where the new Costco would be built.

A rendering of the planned Northland City Center.
A rendering of the planned Northland City Center.

He remembers visiting the old Northland mall and said he is eager to see the new Northland open.

"I see how it is coming along, but it is taking some time," he said.

Contact JC Reindl: 313-222-6631 or jcreindl@freepress.com. Follow him on Twitter @jcreindl. Read more on business and sign up for our business newsletter.

This article originally appeared on Detroit Free Press: Michigan's 1st Costco Business Center buys land in Southfield

Advertisement

Recommended Stories

  • Sam Bankman-Fried Traded In His $35 Million Mansion In The Bahamas For A Prison Cell With 35 Inmates But Claims "He Did Not Do Anything Wrong"

    Formerly disgraced FTX CEO and Co-Founder Sam Bankman-Fried was convicted in November of wire fraud, money laundering and conspiracy, and sentenced to 25 years in prison. His high-profile trial marked a significant chapter in the unraveling of FTX, which collapsed under suspicious financial practices, leading to intense scrutiny and legal action. For the first time since his incarceration, Bankman-Fried described his daily life in a detailed interview with journalist William D. Cohan of Puck. Do

  • Charles Schwab website ‘is a mess’: Hundreds of TD Ameritrade users complain about their new online home.

    “It wouldn’t surprise me if they see an outflow of clients over the next six months,” one user told MarketWatch.

  • Homes are overvalued in much of the U.S. — with these 5 states leading the list

    Home prices are overvalued nationally, according to a new report by Fitch Ratings, led by Southern states.

  • Nvidia Recently Bought 5 Artificial Intelligence (AI) Stocks, and 1 Is Absolutely Soaring

    Nvidia is spreading some of its recently amassed wealth by investing in smaller AI companies.

  • Exclusive-Bank of America banker who died had sought to leave, citing long hours, recruiter says

    The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job. Junior banker Leo Lukenas III died of an acute coronary artery thrombus, a type of blood clot, the New York Office of the Chief Medical Examiner said last week. Lukenas said in mid-March that he wanted to leave Bank of America because of the grueling hours, Douglas Walters, a managing partner at GrayFox Recruitment, told Reuters in an interview.

  • Seeking 12% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy

    Now that we’ve had time to digest the April jobs numbers, some strategists are getting worried about the economy’s mid-term outlook. The jobs report showed 175,000 new jobs added in the month – but that was the lowest gain in the past six months, and was accompanied by an uptick in unemployment, from 3.8% to 3.9%. Along with these topline numbers, the report showed declines in job openings and hires. For Roukaya Ibrahim, watching the US economy from BCA, this job report may indicate a shift towa

  • The 3M Dividend Cut Is Here. It’s Big.

    STOCKSTOWATCHTODAY BLOG It’s official. 3M cut its dividend significantly. The materials company declared a dividend of 70 cents per share on Tuesday evening. That’s down from the prior quarter’s dividend of $1.

  • Smartphones Are About to Get an AI Boost. Here Are the Stocks to Play the Revolution.

    “You could almost argue that the smartphone is becoming a little bit closer to a washing machine than the cutting-edge, rapidly changing device category that it used to be,” says Ben Wood, chief analyst at CCS Insight, a technology research firm. Samsung Electronics and Alphabet Google, which have spent years partnering on mobile phones—and the Android software that powers them—see a silver bullet in the form of artificial intelligence. “This new era of AI is a profound opportunity to make smartphones truly smart,” Sameer Samat, Google’s vice president of product management for Android, said during the Google I/O developers conference on Tuesday.

  • What is a high-net-worth individual?

    High-net-worth individuals, those with net worths of $1 million or more and liquid assets, take different approaches to finance than others.

  • Walmart lays off hundreds of employees and requires others to relocate

    Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant’s campus offices. It also said it will require most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to its primary offices in Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area. The news, conveyed via a Walmart staff memo provided to The Associated Press, said the relocations will serve the goal of “bringing more of us together more often.”