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Costco Re-enters Twin Cities Market After 10 Years

ST. LOUIS PARK, MN - Chain got thumbs up from Coon Rapids, thumbs down from Eden Prairie.

By Jim McCartney | Updated on November 22, 2000

ST. LOUIS PARK, MN – Costco re-entered the Twin Cities market after a decade-long absence this month when it opened a new 140,000-sf store in St. Louis Park, MN.

The Issaquah, WA-based discount warehouse chain also is searching for other sites, and recently got approval to build one in Coon Rapids while getting turned down by Eden Prairie. While the city of Coon Rapids approved its plans for a 140,000-sf warehouse club store, Eden Prairie’s city council turned down the warehouse club, said Jim Sinegal, president and CEO of the Issaquah, WA-based chain.

Mike Franzen, a planning official with the city of Eden Prairie, said that council members, who voted 5-0 to turn down the proposal, were concerned that the project was too massive for the intended site. An approved plan submitted six years ago by Ryan Cos. would build a four-building retail center on the site, and Franzen thinks Minneapolis-based Ryan will act on that plan in the near future. “The council thought the Ryan plan was a better use of property and better relationship to surrounding properties in that area,” Franzen said.

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