Alcoa, Tennessee, October 25, 2025
News Summary
City officials in Alcoa, Tennessee, reported significant progress in securing an agreement with Costco for a new store in the Springbrook Farm development. Although contracts are not yet signed, the city is preparing for infrastructure enhancements, including traffic signals and utility upgrades, to support the planned 20-acre retail location. The city has been collaborating with RealtyLink and Costco for three years, and detailed site plans will be presented at an upcoming planning commission meeting in November.
Alcoa, Tennessee, city officials announced during a recent work session that they are “very close” to finalizing an agreement with Costco for a new store to be located in the Springbrook Farm development. Although no contracts have been signed yet, City Manager Bruce Applegate indicated that progress is being made rapidly.
The planned Costco location will occupy approximately 20 acres between Faraday Street and Marconi Boulevard, adjacent to the under-construction Werner Avenue roadway. More detailed site plans for the store will be presented at the upcoming Alcoa Regional Planning Commission meeting in November.
For the past three years, the city has collaborated with real estate company RealtyLink and Costco on this project. The Springbrook Farm development is intended to serve as a commercial and civic hub for the area and has already attracted several new investments. Currently, there are developments underway in Springbrook Farm that include a Texas Roadhouse, Blue Moose, and Jim ‘n Nick’s BBQ, along with plans for additional retail and commercial spaces and residential options, such as single-family homes and townhomes.
While a specific opening date for Costco has not yet been announced, the city is actively working to prepare the site by completing necessary infrastructure improvements. These improvements include the installation of traffic signals and utility upgrades. Alcoa plans to finance some of these enhancements using bond financing based on projected future sales tax revenue, which will not impact current property tax levels for residents and businesses within the city.
Alcoa has performed pre-construction and pre-design work to lay the groundwork for negotiations with Costco and RealtyLink. Previous efforts to establish retail developments in the area involved plans for a Sam’s Club, which were ultimately canceled in 2016. However, significant activity has occurred in Springbrook Farm, which has already seen the establishment of five restaurants and two hotels, with several additional projects in development.
Applegate expressed optimism that formal preliminary site plans would be approved by the end of the year. Mayor Tanya Martin commended city staff for their diligent work in advancing this project, which reflects the community’s needs and desires.
Key Facts
- Location: Springbrook Farm Development, Alcoa, Tennessee
- Size of Costco Store: Approximately 20 acres
- Collaborating Companies: Costco, RealtyLink
- Existing Developments: Texas Roadhouse, Blue Moose, Jim ‘n Nick’s BBQ
- Other Developments: Five restaurants, two hotels.
- Future Plans: Additional retail, commercial spaces, and residential options
- Funding for Improvements: Bond financing based on future sales tax revenue
Upcoming Meetings
Site plans will be discussed at the Alcoa Regional Planning Commission meeting in November.
Community Impact
The Springbrook Farm development aims to enhance the commercial landscape of Alcoa while catering to the residential needs of the community.
FAQ Section
What location is planned for the new Costco store?
How large will the Costco store be?
What has the city done to prepare for the Costco project?
When will detailed site plans be available?
What other businesses are already in Springbrook Farm?
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- WATE: Costco Coming to Alcoa’s Springbrook Farm Development
- The Daily Times: Tentative Plans for Alcoa Costco
- WBIR: Alcoa Could See Development of New Costco
- The Hill: Costco Announces New Locations for 2025
- The Daily Times: Scots Look to Take Flight
- Wikipedia: Costco
- Google Search: Costco Alcoa
- Google Scholar: Costco Development Alcoa
- Encyclopedia Britannica: Costco Wholesale Corporation
- Google News: Costco Alcoa
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