With planned expansion in New York state, discount warehouse retailer Costco is scouting sites in the Buffalo Niagara region for possible locations to open one of its outlets.
The Buffalo Niagara site search, real estate sources said, comes after the company has already decided on locations for the Rochester and Syracuse markets. Albany is also getting a serious Costco site search.
"It's getting real close," one local retailing real estate insider said.
Several sources said Costco's real estate representatives are considering sites in the Tonawanda/Amherst area as well as the lucrative Amherst/Clarence area, Cheektowaga near the Walden Galleria, the Southtowns and Niagara Falls. The company views the Buffalo Niagara region as either a single store or two-store locale.
The stores would be in the 150,000-square-foot range.
Upstate New York is one of the targeted expansion areas being eyed by Costco Wholesale Corp. The retailer has five locations in Southern Ontario between Toronto and St. Catharines.
Analysts say Costco is the retailing rival of both BJ's Wholesale Club and Sam's Club.