The Costco rumour mill is churning again, following a report that a local council has been in negotiations to bring the international wholesale giant to a second Queensland location.

The Albert & Logan News reports that Logan City Council and the Queensland Investment Corporation (QIC) have been involved in negotiations with Costco.

The potential Logan site is understood to be a large parcel of land in Loganholme, fronting the Pacific Highway near Harvey Norman. The land is owned by the QIC, who have refused to speculate on specific retailers who might be moving into the site.

Logan City Council Governance, Finance and Economic Development Committee chairman Luke Smith told the Albert & Logan News that council has not received a development application from Costco, but that Logan would welcome the retailer.

“We would certainly welcome Costco to our city and the hundreds of jobs a new store would bring,” Cr  Smith said.

Mayor Pam Parker addressed Costco-to-Logan rumours earlier this year, telling ABC Radio that “we have had confidential discussions with Costco and that is all I am prepared to say”.

Beenleigh-Yatala Chamber of Commerce president Laurie Dore also revealed at a business breakfast earlier this year that “Costco was sniffing around” the area.

A spokesperson for Costco said the retailer has not confirmed any new locations for Queensland, and has not put a timeline on their expansion plans.

Would you like to see Costco open in Logan, or somewhere else? If you bought a Costco North Lakes membership last year, have you renewed it, or have you let it slip? Have your say in the comments below! 

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