A new Costco is now open at the southwest corner of East 148th Street and North Pointe Boulevard, near the busy intersection of State Road 37 and 146th Street. With an estimated value of $45 million, the store occupies a developed site of 21.92 acres with a warehouse and canopy space of 160,549 square feet. The new Costco location is the first in Hamilton County, joining four existing Indianapolis area stores.
Looking back in time, this is the first major development on this site. The earliest aerial images of the location, returning to the early 1950s, show the site’s farmland. Also, State Road 37 cut through the area in the 1950s. It wasn’t until 2015 when development began with the Tom Wood Volkswagen dealership on the southwest corner of the lot and the now-closed St Vincent neighborhood hospital to the south.
Shopping at Costco requires an annual membership, starting at $60. The company operates 839 stores worldwide, with 578 locations in 46 U.S. states. It reported a revenue of $222.7 billion for the 2022 fiscal year and employs about 304,000 full- and part-time workers globally. The Noblesville location is expected to open in November 2023.
Noblesville, Indiana, was founded in 1823 by William Conner and Josiah Polk. The city’s history dates back to 1818 when the U.S. government purchased the land now known as Hamilton County from Native Americans. Notable people from Noblesville include Olympic diver David Boudia, racing drivers Bryan Clauson and Conor Daly, and country music singer Steve Wariner among others.