An Atlanta developer’s plan to transform the once-thriving Seminole Towne Center has lined up its first retailer, with Costco under contract to buy a portion of the property and build a new store there.

Costco Wholesale recently submitted plans to the City of Sanford calling for a 156,454-square-foot membership warehouse store, 847 parking spaces, and a gas station to replace the former Macy’s building and a parking lot south of the mall, according to a report in GrowthSpotter. JP Andrews, Director of Real Estate Development at Costco, confirmed that the company is under contract to purchase the parcel from The Ardent Companies , which bought the shuttered mall property in March.

“We are under contract here, so we’re working on a certain timeline. I need to have a budget together

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