COST · News · 20260805N
Fuel Station Expansion Strategy
COSTCO WHOLESALE CORP /NEW · 2026-08-05 · Importance 37 · Surprise 42 · In source text
Costco completed a $5.5 million acquisition of the former TGI Fridays property in Coon Rapids, Minnesota. The site will support relocation and expansion of Costco’s fuel facility, doubling pump capacity and adding parking. The redevelopment also includes demolition of the vacant restaurant and traffic-circulation changes, following a plan approved by the Coon Rapids City Council in 2025.
Key facts
- Costco completed a $5.5 million acquisition of the former TGI Fridays property in Coon Rapids, Minnesota, to expand its fuel facility, allowing Costco to relocate and double the capacity of its fuel pumps. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | +0.0% | Costco completed a $5.5 million acquisition of the former TGI Fridays property in Coon Rapids, Minnesota, to expand its fuel facility,… |
| cash | negative | committed | -0.0% | Costco completed a $5.5 million acquisition of the former TGI Fridays property in Coon Rapids, Minnesota, to expand its fuel facility,… |