Categorized | Business, Limerick, Real Estate

Structural Steel On Its Way Up At Limerick Costco Site

WHITE GIRDERS A SIGN OF PROGRESS – Structural steel frameworks for the new Costco Wholesale store at the Gateway At Sanatoga shopping complex – on the north side of West Lightcap Road in Limerick PA (above) – and a companion gasoline station just west across its future parking lot (below) continued to take shape Monday (April 25, 2011). A substantial portion of the site work is complete, although workers are still installing retaining walls and other fixtures. Construction crews in recent weeks began pouring concrete foundations, laying cinder block walls, and erecting building components pre-painted a bright white. Costco’s most recent estimate for the store’s opening, last updated during February (2011), is later this summer. Gateway At Sanatoga developer O’Neill Properties Group projects the first phase of the project could be open with Costco and other retailers by late fall.

Related (to the Gateway At Sanatoga project):

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3 Responses to “Structural Steel On Its Way Up At Limerick Costco Site”

  1. Conrad says:

    It is nice to see some activity up there. maybe a job will come from this. why are they not developing the rest of the area? I hear gas will be at least 20 cents lower a gallon at this cosco. that is a good to hear also. now they can build the other side across form the outlets and that should make jobs available again.

    • Joe Zlomek says:

      Conrad, we’ve heard from a lot of people who are hoping for jobs from stores at Gateway. As for development in the remaining project, everything probably takes more time now than earlier estimated, given the state of the economy. Still not a lot of retailers with cash available to open new locations, and those that have the money are playing it safe.

      As for gas being 20 cents a gallon lower at the Costco, well, that’s speculative at best. And, frankly, doubtful. We’ll see …

      Thanks for your comment, and for reading The Post.

  2. Wolfgang Bayngor says:

    Conrad, you should go over to the MCCC and take Economics 101. The “jobs” you are hoping for will only add another conduit for capital (money) to leave the Limerick-Pottstown area. Most of the money COSTCO will take into their cash registers (with the help of those minimum wage register clerks) will go directly to COSTCO headquarters and from there to the Chinese and other non-US manufactureres of the goods they sell.

    If you do sign up for Economics 101 you will learn that a community can only benefit economically if money from OUTSIDE ITS OWN BORDERS FLOWS INTO THE COMMUNITY and is retained there to enrich its citizens and provide the capital for future growth which will allow more capital-producing facilities to be built and draw more outside money into the community.

    That’s the fundamental “economic engine” which made Pottstown and all of the surrounding farming communities (Limerick included) grow and prosper for so many decades. The factories have all closed, the farms have been plowed under to make housing developments and shopping malls. Ask yourself how money flows into this area and how much of it actually stays here, and you will have most of the answers to why the area is in the economic mess that it is in.

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