Costco closer to getting a South Dade site through no-bid deal for cheap county land [Yahoo! Finance]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
Michael Swerdlow, the Miami-based developer behind the Dolphin Mall , is lobbying to purchase a vacant 17-acre tract off Southwest 190th Street, north of where U.S. 1 meets Florida's Turnpike. READ MORE: Michael Swerdlow's plans for the Little River neighborhood He secured backing from the County Commission last year to begin the process needed to purchase the land for a fraction of what Miami-Dade says it is worth. Swerdlow wants to pay about $8 million to acquire the property , while county appraisers pegged the value of the real estate at $31 million. Swerdlow would also pay an additional $1 million over 10 years to Miami-Dade. But Miami-Dade's Water and Sewer Department has planned a maintenance-truck facility there that would help speed repairs of pipes after storm damage, and the agency says it doesn't have a better alternative site available if a Costco takes over the property. “I don't think today we have found a site that works,” Jimmy Morales, the county's chief ope
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COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website