Costco bets on mixed‑use housing to crack dense urban markets
Costco’s first‑of‑its‑kind warehouse will sit beneath an 800‑unit affordable‑housing complex in Los Angeles, using just five acres instead of the usual 14‑16. The move lets the retailer secure scarce urban land and tap foot‑traffic that’s 20‑30% higher than traditional sites, a model other grocers may soon copy.