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Costco Builds Apartments Over Warehouse | Raleigh News
Costco is revolutionizing retail real estate by building 800 apartments atop its first LA warehouse — a bold, capital-smart move that turns urban density into profit. With California’s pro-mixed-use laws easing the way, the $425M project (opening 2027) slashes land costs and secures affordable housing units, while letting Costco expand into high-demand cities without owning pricey property. Joining them, Target’s Harlem experiment proves this model’s scalability — retailers are betting big on shared development to conquer crowded markets, turning housing into a strategic asset. Listen in…
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