Seminole Town Center mall redevelopment / Costco
Summary
Ardent's purchase of the largely vacant mall is moving ahead with Costco as the first tenant, including a fuel station and tire center. The project promises construction and permanent jobs, roughly $100,000 in first-year city property taxes, and major sales tax revenue, and is expected to set the tone for future mall phases.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Feb 9, 2026.
Impact analysis
About $100,000 in first-year city property tax plus significant shared sales tax revenue from an estimated $260 million in first-year gross sales.
Shoppers, the local economy, and future mall redevelopment phases.
Future phases may face lower landscaping and parking expectations than city code normally requires.
Mentions & discussions (2)
Live From the City of Sanford City Commission Meeting @ 7pm — February 9, 2026
The first phase of redeveloping the blighted mall — a Costco with fuel station and tire center — cleared final approval. Commissioners wrestled with how far to bend parking and landscaping rules, knowing the standards set now will shape every future phase.
Live From the City of Sanford City Commission Meeting @ 7pm — January 26, 2026
Ardent's purchase of the largely vacant mall is moving ahead with Costco as the first tenant, including a fuel station and tire center. The project promises construction and permanent jobs, roughly $100,000 in first-year city property taxes, and major sales tax revenue, and is expected to set the tone for future mall phases.
Related development
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Sanford
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.