Costco Wholesale Corporation received zoning and subdivision approvals in 2024 for development of a 163,474 square foot Costco retail store and motor fuel facility. There are two other lots as part of the development that may be sold in the future for additional commercial uses. Costco intends to begin construction of the store and motor fuel facilities in early Summer 2025 with a store opening planned for Fall 2026. Construction of the Costco development will occur simultaneously with Wright County’s previously planned improvements for CR 137 and the I-94/CSAH 37 interchange. The roadway improvements adjacent to the Costco development will be completed to accommodate traffic once the store opens.

Location: In Otsego at the northwest corner of 60th Street and MacIver Avenue, near Interstate 94 and the City of Albertville.

Xcel Energy's proposed substation is in the works, and here are the details:

• Location: The proposed substation will be situated at the northeast quadrant of the intersection of 65th Street (CSAH 37) and Jansen Avenue in Otsego. So, if you happen to be in that area, keep an eye out for it! 

• Purpose: This substation aims to serve both existing and future electric service needs in Otsego. It’s like the behind-the-scenes wizardry that keeps the lights on and gadgets humming. 

• Electric Transmission Line: There’s an existing Xcel Energy electric transmission line that runs parallel to 65th Street (CSAH 37) and crosses the southern portion of the subject property. The substation will connect to this line. Think of it as the substation’s hotline to power! 

Otsego’s getting a shiny new addition to its electric infrastructure! 

The Condo Suites Otsego, when fully developed will consist of 14 commercial buildings (120 units) with 3 unit styles: Trades, Classic and Luxury. Trades Suites are geared toward contractors and other trades businesses. Classic Suites are super spaces for non-retail and small businesses needing additional room. Luxury Suites will provide more square footage, amenities and selection options. All suites are personally owned and fully customizable spaces, for your business, storage or hobby.

INCLUDED IN ALL SUITES

• Maintenance free exterior
• Steel lined and insulated interior walls & ceilings
• 5" concrete floors with drains
• Interior water spigot with utility sink & bib
• LED lighting
• City sewer and water
• 100 Amp electrical service, 3-phase available
• Natural gas
• Blacktop lot with ample turn-around space
• Hi-speed internet available
• Exterior lighting and landscaping
• Mail box
• Association: includes, trash removal, lawn maintenance and snow removal