Costco’s New Idea: Apartments on Top of Stores
Costco is testing a bold solution to urban housing shortages by building around 800 apartments above select warehouse stores.
Instead of buying more land, the plan uses space that already exists. The store stays fully operational on the ground floor while new homes are added above it. Same footprint, more housing.
It’s also financially smart. Retail income continues below and helps support the cost of building and running the apartments above. In cities where rents keep rising and land is scarce, this kind of mixed-use design could reshape how large commercial sites are used.
Think about it. Vast parking lots and big box rooftops are untapped urban space. If this model works, stacking housing over retail could become a new trend in city planning and add density without spreading cities outward.
A warehouse club below. Homes above.
One property, two solutions.
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