Sanford to Welcome New Costco and Apartments
Developers plan to transform the Seminole Towne Center into a vibrant hub with new housing and retail space.
Updated on Oct. 29, 2026 in Openings & Closings
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Developers announced plans to anchor a renewed shopping center along I-4 in Sanford with a new Costco and 300 multifamily apartment units. The retail project is currently finalizing the demolition process at the former Seminole Towne Center site.
Why it matters
The development aims to revitalize the area and bring increased economic activity back to the site of the former shopping mall. Officials are simultaneously managing a transition in leadership as they prepare for the project.
The proposed redevelopment will feature 300 multifamily apartment units alongside a new anchor tenant. Costco is projected to open its doors to the public as soon as the end of 2027.
The players
Christina Hollerbach
She is the incoming mayor of Sanford who will be sworn into office in December 2026.
Costco
The warehouse club retailer is slated to serve as the anchor tenant for the renewed shopping center along I-4.
The details
The project is currently finalizing the demolition process for the Seminole Towne Center to make way for the new construction. Existing retailers like Dillard's and Dick's Sporting Goods could potentially remain at the redeveloped site.
Timeline
Christina Hollerbach will be sworn in as mayor in December 2026.
The new Costco is currently scheduled to open by late 2027.
Market Landscape
The move follows the nationwide trend of indoor shopping mall closures and subsequent mixed-use redevelopment, signaling a shift in Sanford's commercial strategy. This transition positions the city to better compete for regional retail and residential interest.
Local residents can expect increased commercial activity and new housing options as the site transitions from a traditional mall to a mixed-use development. The ongoing presence of existing anchor stores may offer stability for shoppers during the multi-year construction phase.
The takeaway
The transformation of the Seminole Towne Center highlights the ongoing shift toward residential and big-box integration in traditional retail spaces. Local stakeholders should monitor city council updates regarding the upcoming leadership search to stay informed on development policies.
Further reading
For more information on retail projects in the region, visit the Sanford Openings & Closings section.
Source note: This article includes information reported by WKMG.
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