MEDFORD, Ore. – Officials with Costco have begun early talks over potentially moving the Medford store across town, according to property owners close to the discussion.
Costco has expressed interest in relocating its Medford store from its current location on Highway 62 to the planned Northgate Center on Rossanley Drive across from Trader Joe’s. That land is owned by Guy and Virginia Farthing of California, who confirmed that Costco has had initial discussions about the property. Other than those initial talks, though, Virginia Farthing said there have been no other developments, and nothing has been finalized.
The property on Rossanley Drive and North Pacific Highway is currently empty, and a sign advertising the future Northgate Center has been standing there for several years. Across the street, the Northgate Marketplace was completed in 2012, and includes a Trader Joe’s, REI, and Chipotle restaurant. Farthing said they have received increased interest in the Northgate Center property over the past six months, but said she could not give any details about the discussions with Costco.
Regency Center, the developers for both Northgate properties, said it couldn’t comment on any talks. A spokesman for Costco’s real estate division also could not comment. The General Manager of the Medford Costco said he did not know of any discussion about a potential relocation.