by Dan Rafter
The Dayton market will soon get its first Costco Wholesale store thanks in part to Oberer Companies.
The new store, which will include 148,000 square feet and a gas station, is scheduled to open in November of 2014 at the Cornerstone of Centerville retail development in Centerville, Ohio, a suburb of Dayton.
The Costco will anchor the first phase of the Centerville development. The store will also provide an employment boost in the region, providing jobs for about 200 people.
Chris Conley, president of Oberer Realty Services, brokered the deal to bring the new store to the area. Conley says that the new Costco will attract a crowd as soon as it opens its doors.
“Costco customers will come from 30-plus miles to visit this location,” Conley said.
Oberer is also working with two additional large-format retailers, in addition to a variety of national and regional restaurants and retailers, to fill the Cornerstone of Centerville. When complete, the first phase of this development will add more than 460,000 square feet of retail and restaurant space to the market. The development should also create about 1,200 permanent jobs.
Cornerstone of Centerville will also offer a 15-acre office park, 15 acres for single-family townhomes and about 300 multi-family units.
Oberer Realty Services is no stranger to this type of development. The company has developed nine Kroger-anchored retail centers and have leased and sold millions of square feet of retail and office space in the Dayton and Cincinnati markets.