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LIMERICK, PA. — Costco has acquired 14 acres at Limerick's Gateway at Saratoga retail development project for the construction of a new location. Costco will anchor the 450,000-square-foot Phase I of the project, which is located along Route 422. Also being constructed as part of Phase I is 76,500 square feet of retail and restaurant space. Completion is expected in spring 2011. Phase II, which will open in fall 2011, will consist of approximately 190,000 square feet of retail, restaurant and hotel space.