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Asheville Costco Deal Collapses Due to Rising Costs

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Asheville Costco Deal Collapses Due to Rising Costs

Costco has withdrawn its application for a highly anticipated Asheville location, citing increased costs and project scope. This article explores the specific requirements that led to the decision and what it means for local shoppers.

Costco has withdrawn its application for a planned location near Asheville, citing increased costs and project scope. The decision ends the possibility of Western North Carolina's first Costco store at that location.

Project Details

The proposed 160,940-square-foot warehouse store was slated for Enka Commerce Park in Candler. Plans included a 32-pump fueling station, a tire center, and more than 830 parking spaces on roughly 39.6 acres. The development required zoning amendments, but a planning commission presentation was delayed twice before the application was withdrawn.

Cost Factors

According to a Costco project manager, "additional requirements from reviewing agencies related to both on-site and off-site improvements have increased the project’s overall scope, timeline, and anticipated costs." The applicant chose to withdraw the submittal as a result. Local officials have described such changes as common in complex projects.

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Timeline and Location

The withdrawal was announced on Tuesday, February 17, and confirmed by February 18-19. The location under consideration was Enka Commerce Park in Candler, near Asheville, after discussions with the City of Asheville lasting almost a year.

Local Reactions

News of the withdrawal prompted reactions from local leaders. One councilmember expressed disappointment, while another stated they would continue to try and find a solution, suggesting a meeting with Costco to explore other locations. In December 2025, a councilmember highlighted potential benefits such as 300 jobs.

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