Lee’s Summit, Missouri, August 13, 2025
Drake Development
Drake Development is an Overland Park-based real estate development company specializing in large-scale commercial and mixed-use projects. With a focus on community enhancement and economic growth, Drake Development has successfully executed numerous developments across the Kansas City metropolitan area. Founded with the goal of creating sustainable and innovative spaces, the company has established a strong reputation for delivering high-quality projects that meet community needs. Notable initiatives include retail centers, residential complexes, and civic infrastructure, emphasizing thoughtful planning and collaboration with local authorities. Their commitment to fostering vibrant neighborhoods positions Drake Development as a leading developer in the region.
News Summary
Drake Development has proposed a new Costco warehouse in Lee’s Summit, Missouri, located at the southeast corner of U.S. Highway 50 and South Missouri Route 291. This development, part of the $416 million Oldham Village East project, will feature a mixed-use area with apartments, retail spaces, and a fueling station, aiming to enhance local shopping options and create jobs. The proposal is currently under city council review, with community support for the new Costco, which will improve accessibility for local residents.
Lee’s Summit, Missouri Plans New Costco Location
Overland Park-based Drake Development has filed plans to build a new Costco warehouse in Lee’s Summit, Missouri. The proposed location is positioned at the southeast corner of U.S. Highway 50 and South Missouri Route 291. This development is part of a larger initiative called “Oldham Village East,” estimated to cost $416 million and announced earlier this year.
The new Costco will serve as the anchor for this expansive 120-acre mixed-use development, which will also feature apartments, townhomes, and additional retail and restaurant spaces yet to be determined. Plans for the site include a fueling station and nearly 900 parking spaces to accommodate customers.
The proposal is currently under review by the city council and planning commission. Developers are seeking permissions for taller parking lot lights and additional signage as part of their concessions. These plans must receive final approval before any construction can commence, and there is no specific timeline for when building might begin.
Background on Oldham Village East Development
The Oldham Village East project is a significant investment aimed at enhancing the local economy and providing new housing and shopping options for residents. As part of this comprehensive development, the Costco warehouse is expected to bring job opportunities and attract shoppers from surrounding areas.
Currently, there are five Costco locations within the Kansas City area, with the nearest one situated in Independence. The new site is intended to increase accessibility to this popular membership-based shopping experience for residents of Lee’s Summit and its vicinity.
Community Response
Next Steps in Approval Process
The next step in the approval process involves a discussion at an upcoming Lee’s Summit City Council meeting. The site plans will be reviewed thoroughly, and both the Planning Commission and City Council will need to give their approval before any construction starts. Developers will be required to address any concerns raised during these meetings to move forward with their plans.
Key Features of the Proposed Development
| Feature | Description |
|---|---|
| Location | Southeast corner of U.S. 50 Hwy and South MO-291 Hwy |
| Size of Development | 120 acres |
| Estimated Cost | $416 million |
| Parking Spaces | Nearly 900 |
| Additional Features | Fueling station, apartments, townhomes, civic space, and parkland |
| Approval Status | Pending review by city council and planning commission |
Conclusion
The proposal for a new Costco in Lee’s Summit marks a significant development that could reshape the shopping landscape in the area. Given the additional amenities planned as part of the Oldham Village East project, it is poised to provide various benefits to the local community if approved.
FAQ Section
What is being proposed in Lee’s Summit?
Drake Development has filed plans to build a new Costco location as part of a larger mixed-use development called Oldham Village East.
Where will the Costco be located?
The proposed Costco will be located at the southeast corner of U.S. Highway 50 and South Missouri Route 291.
What additional features are included in the Oldham Village East project?
The project will include apartments, townhomes, retail spaces, and a fueling station.
When can construction potentially begin?
There is no specific timeline for construction to begin, as the project is still pending approval from city officials.
How many Costco locations exist in the Kansas City area?
There are currently five Costco locations within the Kansas City area.
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Additional Resources
- KCTV5: Costco in Lee’s Summit
- Wikipedia: Costco
- Fox4KC: New Costco Store in Lee’s Summit
- Google Search: Costco new store Lee’s Summit
- Kansas City Star: Openings and Closings
- Encyclopedia Britannica: Lee’s Summit
- KCTV5 Video: Lee’s Summit Costco Plans
- Google News: Costco Lee’s Summit
- MSN: Lee’s Summit Teacher Charged
Author: STAFF HERE KANSAS CITY WRITER
The KANSAS CITY STAFF WRITER represents the experienced team at HEREKansasCity.com, your go-to source for actionable local news and information in Kansas City, Jackson County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as American Royal World Series of Barbecue, Dia De Los Muertos, and Planet Anime Kansas City. Our coverage extends to key organizations like the Greater Kansas City Chamber of Commerce and United Way of Greater Kansas City, plus leading businesses in healthcare, finance, and entertainment that power the local economy such as Children's Mercy Hospital, Government Employees Health Association, and AMC Entertainment. As part of the broader HERE network, including HEREStLouis.com, we provide comprehensive, credible insights into Missouri's dynamic landscape.
