The wholesale club bought land in World Commerce Center to build the retail warehouse.
St. Johns County issued two permits Nov. 23 totaling almost $13.6 million for Costco Wholesale to build a warehouse club in World Commerce Center.
The Gray engineering, design and construction firm in Lexington, Kentucky, will build the 157,317-square-foot wholesale club at a cost of $13.5 million at 215 World Commerce Parkway in St. Augustine.
Jones Covey Group Inc. of California will build the fuel facility kiosk at $60,000 at 255 World Commerce Parkway.
Costco Wholesale Corp. paid $2.5 million for 17.24 acres Nov. 18.
It bought the property from World Commerce Center LLP, led by Jacksonville-based Steinemann & Co.
The store will include a tire center, liquor store and gas station.
The site is at International Golf Parkway and World Commerce Parkway. World Commerce Center is at southwest Interstate 95 and International Golf Parkway.
It will be Costco’s third area retail club after one opened in 2000 near St. Johns Town Center in Southside and a second opened in 2018 near Collins Town Center in Southwest Jacksonville.
Costco, based in Issaquah, Washington, owns both of those properties, too. Each of those stores is about 164,000 square feet.
Steinemann & Co. announced Nov. 18 that Costco Wholesale Co. bought the World Commerce Center property.
Steinemann CEO Frank C. “Duke” Steinemann Jr. said upon the sale that construction was expected to start immediately with a projected opening at the end of the second quarter of 2022.
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