Written by Matthew Daneman, Staff writer Rochester Democrat & Chronicle
The first Costco store in western New York is expected to at the CityGate development at East Henrietta and Westfall roads by the spring of 2014.
The $30 million, 150,000-square-foot store will be the anchor of the shopping complex, which will include a hotel, developers announced at a news conference Wednesday morning.
Costco is a membership warehouse club that would compete directly with Sam's Club and BJ's Wholesale Club, which already have a presence in the Rochester market. Earlier this year, its CEO, Craig Jelinek, made headlines when he endorsed an increase in the federal minimum wage, saying his stores already pay a starting wage of $11.50 an hour.
Signs have stood for years at the old Monroe County Iola campus, promoting its eventual transformation into CityGate. And the making of the land into a mix of retail, offices and community space is finally at the starting blocks, as developer Anthony J. Costello & Son on Wednesday announced a major tenant for CityGate and the start of that redevelopment.
Developer Anthony J. Costello & Son gave some details on what it said will be a $250 million development. According to Costello & Son, the development will bring with it 250 to 300 full-time jobs.
Monroe County vacated the Iola office buildings and land in the 1990s. According to the city of Rochester's website, the development includes 44 acres in the city of Rochester and 19 acres in Brighton.
Costello also is developing a 65-acre residential complex along the Erie Canal in Brighton called The Reserve. It's about a mile from the CityGate development.