The 150,000-square-foot Costco will be located at 3001 184th Street SW, the former site of Lynnwood High School, located north of Alderwood Mall. The site is being redeveloped as a mixed-use retail center called “Lynnwood Place.” Costco will serve as the project’s anchor.
The Edmonds School District owns the 40-acre Lynnwood Place site and leases it to Cypress Equities. The revenue generated by Lynnwood Place will go directly into the maintenance of the 33 schools/buildings in the Edmonds School District. Work began on the new Costco in July of 2014.