November 2021 Edition of the Fort Bend Business Journal

Page 9

Costco Business Center opens in Grid By Landan Kuhlmann LKuhlmann@fortbendstar.com The anchor tenant in Stafford’s Grid development has opened its doors to the Fort Bend County community. Costco Business Center at The Grid opened on Oct. 20 at 12717 Network Dr., according to a Facebook post from the company. An April press release from StreetLevel Investments announcing the location said the new space from Costco Wholesale Corporation is on approximately 13 acres and has approximately 148,000 square feet of retail space at the corner of Highway 59 and Kirkwood Road. “This is a great addition for our residents and will wonderfully complement our growing businesses,” Stafford Mayor Cecil Willis said in April. “This is just another opportunity that is helping The Grid to redefine the future of Stafford.” The Grid is Costco’s first Houston-area location for its Business Center concept, of which there are 21 throughout the country. It will be just the second location in Texas, now

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The Costco Business Center opened last month at The Grid in Stafford. (Photo from Facebook) accompanying the location in Dallas-Fort Worth. The Grid’s anchor tenant will offer business supplies such as commercial appliances, janitorial supplies as well as restaurant and office supplies along with electronics. Customers/business owners will also be able to find produce and other food and snack items in the store, according to Costco’s website. “We promised to deliver new concepts, and

ASK THE EXPERT Can a repair facility save me from paying my deductible?

An honest repair shop will always say “no” to saving deductibles. Your insurance policy is a contract between you and your insurance carrier. It basically says that if you Chuck Charlton have a collision loss, you are responsible for the first portion of repairs (your deductible) and the insurance company will pay the rest. If the final repair cost is less, you’re still responsible for the predetermined deductible amount. Any reduction should correctly go back to the insurance company. There are legitimate ways to reduce your cost. An appearance allowance (credit towards your deductible usually for minor cosmetic repairs not completed) is one way but must be consulted with your insurance company. Be wary of the repair shop that offers to save you your deductible. Are they completing all repairs or is your safety being jeopardized with an inadequate repair?

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Costco Business Center is a great way to address the growing needs of our business community,” East Fort Bend Development Authority chairperson Felecia Evans-Smith said. For more information and to stay up to date on all developments coming to The Grid, community members can follow it on Instagram @ExperiencetheGrid or visit ExperiencetheGrid. com.

ASK THE EXPERT GETTING MARRIED AGAIN? DON’T FORGET YOUR WILL AND ESTATE PLAN

May God Bless our Men and Women in the Military

These days, more and more Americans are entering into second marriages. If you’re one of them, you should revise your will and estate plan. Unlike most first marriages, your estate plan for a second marriage needs Margie Connolly, Attorney to consider the needs of any children from your prior marriage. You also need a plan for any financial assets you retained from your first marriage, whether through a divorce settlement or death of your first spouse. Here are some specific things to keep in mind: • Be clear how you intend to provide for both your second spouse and also for your children in your will and estate plan. • Check all beneficiary designations on your life insurance policies and investment accounts to make sure these are in line with your intentions. • Decide whether accounts or property should be held jointly (with your new spouse) or individually. Community property principles and laws may affect your intentions. • Be aware that extended health care can cause a significant drain on assets designated to support your spouse and your children. • If your new spouse’s age is closer to your children’s age than yours, and they are your primary beneficiary, your children may face a delays before they receive their inheritance. You may want to specify a portion of your estate to go to them right away if you die. For more information, contact a qualified estate planning attorney.

Charlton’s Body Repair

Margie Connolly, Attorney

Local Family Business since 1957 1131 Staffordshire @ 5th Street • Stafford, TX 77477 www.charltonsbodyrepair.com

mmconnollylaw@gmail.com www.mmconnollylaw.com

281-499-1126 The Fort Bend Business Journal H November 2021

4610 Sweetwater Blvd., Suite 200, Sugar Land, TX 77479

346-309-4236

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