Gig Harbor North is located on Borgen Boulevard. In addition toCostco, YMCA of Pierce County has signed on to acquire 11 acres atGig Harbor North for development of an 80,000-sf, full-servicebranch.

The rest of Gig Harbor North will include a 17-acre businesspark, 45 acres of park and open space, 1,000 homes, and substantialretail development including a 10-acre "village center" that willhouse smaller, pedestrian-friendly retail.

Earlier this month, the Seattle City Council voted to allowschool district property on Fourth Avenue South to be sold toCostco Wholesale Corp. for development of a larger warehouse.Costco first-ever storefront is located next to the school districtproperty. Costco has said it would like to replace its 125,000-sfstore there with a bigger store on the school district site.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.