Costco to be anchor, says developer

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An Internet marketing brochure from the developer of the Village at Riverwatch shopping center says Costco has joined Belk as one of its anchor stores.

The 860,000-square-foot development should open on River Watch Parkway near Interstate 20 in the spring or summer of 2009, according to the information from developer MGHerring Group, based in Dallas.

Company spokesman Andy Stern said Costco is on board and the marketing material accurately reflects the current project.

Costco officials would not confirm that they're coming to Augusta, citing a policy that they do not comment on its plans for specific markets "due to the competitive nature of our business."

Costco announces new store openings as part of its quarterly report to investors. That list, however, extends only to December. One of its newest stores is in Greenville, S.C., which opened in August.

Costco, based in Issaquah, Wash., operates 523 warehouse-style stores worldwide, 388 of them in the United States. The closest Costco locations to Augusta are in metro Atlanta.

MGHerring lists Costco as opening a 150,000 -square -foot store, joining the 120,000 -square -foot Belk and an unsigned third anchor store.

Belk announced in 2005 that it would eventually close its smaller North Augusta store and move across the river to Richmond County.

Village at Riverwatch was first announced in the summer of 2005 as a 132-acre, $150 million shopping center anchored by Belk and Dillard's.

A Dillard's store is no longer mentioned in the project plans.

According to MGHerring's project information, the developer is seeking a third tenant, possibly a fashion retailer, in addition to two hotels, for the Village at Riverwatch.

An 18-screen, 56,000 -square -foot Starplex Cinema will be part of the development.

There will be space available for other retailers and restaurants.

MGHerring paid $6.4 million for the land in 2006.

The format is similar to another MGHerring development, Village at Allen, in a Dallas suburb, which has hotels, restaurants, office space and large-scale fashion retailers. That project should open a year from now.

Executives for MGHerring were in New York City for a meeting of the International Council of Shopping Centers and could not be reached Thursday and Friday for additional information.

Reach Tim Rausch at (706) 823-3352 or timothy.rausch@augustachronicle.com.

ON THE WEB

www.villageatriverwatch.com

Comments (18) Add comment
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Why
3
Points
Why 12/01/07 - 03:21 am
0
0
what a waste of land!

what a waste of land!

Riverman1
90455
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Riverman1 12/01/07 - 07:16 am
0
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Whatever happened to the

Whatever happened to the quaint shops and restaurants that were planned? It was supposed to be a place the canal boats could stop to let the tourists enjoy. So now we get a big box store and huge parking lot?

PIOSSEDOFF
3
Points
PIOSSEDOFF 12/01/07 - 09:29 am
0
0
first to complain = first

first to complain = first ones in line to shop there!!

sjgraci
2
Points
sjgraci 12/01/07 - 09:36 am
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Whatever happened to the

Whatever happened to the quaint shops and restaurants that were planned? Answer: The Augusta Mall.

onehotdog
0
Points
onehotdog 12/01/07 - 09:47 am
0
0
you people complain about not

you people complain about not having enough places to shop.Then you get a chance at COSCO coming in and all you do ia complain. Are you scared that COSCO might take something away from SAM's Club? Cosco has a better selection on products than SAM's.
This will bring more jobs to the area.We all need to work for a living.
Quit your b***hing

gcap
290
Points
gcap 12/01/07 - 10:50 am
0
0
I wouldn't complain about

I wouldn't complain about which retailers are scheduled to occupy that shopping center. Like onehotdog says, it brings jobs. But look at the land. They have completely and totally stripped it of all things natural. A developer in Beaufort County, SC or Savannah would be in jail right now if he/she had done the same in those towns. Augusta Mall is a concrete and asphalt disgrace. So will be the new shopping center. And it's on the canal. Guarantee: The runoff and litter will contaminate the canal. But who cares? It's rare development for Richmond County!

crackerjack
150
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crackerjack 12/01/07 - 12:27 pm
0
0
gcap On the coast it is salt

gcap

On the coast it is salt marsh habitat, crepe myrtles, palmetto trees, stately oaks, and cypress groves. At this location it's Pine Trees, briars, and Kudzu.

crackerjack
150
Points
crackerjack 12/01/07 - 12:27 pm
0
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gcap On the coast it is salt

gcap

On the coast it is salt marsh habitat, crepe myrtles, palmetto trees, stately oaks, and cypress groves. At this location it's Pine Trees, briars, and Kudzu.

jiclemens
0
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jiclemens 12/01/07 - 12:54 pm
0
0
I've shopped at Costco for 30

I've shopped at Costco for 30 years. Augusta needs the choices and Sam's needs the competition. Whether 'mom and pop' or corporate, monopolies are devastating to small communities like Augusta.

jungletobacco
0
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jungletobacco 12/01/07 - 12:56 pm
0
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If we want Augusta to blossom

If we want Augusta to blossom to its full potential some tree will be cut down. I say build a canal walk along the canal, that will discourage litter and improve the quality of life. The part of town badly needs a store like Costco, stop crying. With a store like Costco you might need parking.

MartinezMother
0
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MartinezMother 12/01/07 - 01:59 pm
0
0
I certainly understand the

I certainly understand the complaints about the Village at Riverwatch morphing as it has, but the arrival of Costco to Augusta is a good thing. Not only do they offer fantastic quality at great prices, they are known for providing their employees solid salaries and good benefits. Even back in 2005, their average non-supervisory position made about $17 an hour. They only charge their employees something like 10% for their health benefits, compared with 25% or more at other big box stores like Sam's, etc. We could wish they'd decided to move into a different location in Augusta, but their arrival can only be good for the city.

iletuknow
8
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iletuknow 12/01/07 - 03:45 pm
0
0
A good store for all the

A good store for all the pick-up truck cheapos in Augusta.

Bella
0
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Bella 12/01/07 - 05:46 pm
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0
Waste of good land that

Waste of good land that shouldn't be developed. I dont want to live in a concrete jungle.

RonRoberts
66
Points
RonRoberts 12/01/07 - 06:46 pm
0
0
Terribly disheartening to see

Terribly disheartening to see what was a novel concept become just another strip-mall with a sea of asphalt in front of it.

But in all fairness, part of what killed the Villages' original concept was the Augusta Canal commission NOT wanting the developer to tie into the canal with their own naturalistic-canalway through the development.

Yes, the market will support (and needs) Costco...just not there. I remember when the Parkway was conceptualized; it was supposed to be a limited access (like an interstate) expressway from Martinez/Evans to downtown, and now it's just another megahighway with traffic lights. Give it 10-20 more years and you'll have another Gordon Highway-esque thoroughfare on your hands.

JimCox
7
Points
JimCox 12/01/07 - 09:23 pm
0
0
What killed it was the

What killed it was the hardball tactics that the current owners of Augusta Mall played with Dillards, threatening to kick them out of malls in other cities if they left the mall here.

Bryt
0
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Bryt 12/01/07 - 10:37 pm
0
0
I agree with gcap, the

I agree with gcap, the Bluffton/Savannah area has plenty of "boxes" and cuts down the Necessary trees but they'd be shot if they clear-cut the way Augusta does!! Go down Fury's Ferry, it's just such a shame. Bluffton fined the new Best Buy for cutting down one tree too many. Having lived in both areas, Augusta could do better.

spartan22
0
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spartan22 12/02/07 - 12:59 am
0
0
the one in Allen ,TX is

the one in Allen ,TX is awesome, I live 5 miles from it. MGHerring does a good job. You need more stores like this project here, but you will have to lure some out of the mall to have ANY success. we are leaving malls behind in N Dallas, in favor of higher dollar retail outlets with greater return and aesthetics to the environment. Not sure when Augusta will figure this out. Yeah, Dillards knows better Dallas, but they got jacked in AGS.

a crazy old man
30
Points
a crazy old man 12/02/07 - 09:31 am
0
0
South Augusta would love to

South Augusta would love to have it.

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