Developer finds three investors for Costco site

 For the full story, see The Fauquier Times-Democrat

The developer of the planned Costco site near New Baltimore hopes to close a deal next month with an investment group that would plow several million dollars into the project.

"We have three [offers] from three separate" entities prepared to fund construction of roads and utilities to serve the 148,000-square-foot store and later the balance of the Cross Creek Shopping Center project, Angler Development LLC Executive Vice President Steve Vento said Friday.

By mid-June, Angler will choose one of the three equity groups to help it build the 39-acre shopping center at Routes 29 and 600, Vento said.

The potential parters are based in New York City, Alabama and Connecticut, he said.