Costco heading to Lake Norman area?

Costco, the discount warehouse club retailer, is looking for a site to build a store in the Lake Norman area, according to a local real estate broker.

Brian Simon, of HRS Retail, said Costco executives have been to the area with him to look at possible locations. Developments along I-77, from exits 18 to 36, have been considered, Simon said. The retail chain hasn't decided on a spot, Simon said, and executives are returning later this week to look some more.

There are currently two area Costco stores, one in Matthews and one on Tyvola Road, in Charlotte. A new store in the affluent northern suburbs would give Costco a shot at customers who don't want to make the drive all the way to southern Charlotte or Matthews.