Giant retailer Costco opened a 155,000-square-foot store in St. Albert on October 24 as part of the Landrex Developers mixed-use development in Erin Ridge North.
Plans for the area also call for a large commercial development south of the Costco store by Cameron Development Corp., with another 23 acres by Landrex to its north.
Cameron's 300,000 square feet of development are expected to house a number of retail businesses including national tenants, mid-size retailers, restaurants and independent shops, as well as a grocer.
Landrex' 23 acres will also include two or three professional office buildings, with the first one planned for the spring of 2014. The site is expected to house at least one hotel, recreational services, private businesses and medical services.
The company also plans to offer some of its units for sale to cater to businesses that prefer to own rather than lease space.
from Western Investor November 2013
