Costco Wholesale in St. John's is looking at pulling up roots from Stavanger Drive and moving to Danny Williams's Galway development.

"Costco officials have contacted our department of planning, development and engineering to discuss a possible move to Galway," says St. John's Mayor Dennis O'Keefe.

It's a rumour that's been burning its way through St. John's, but hasn't been confirmed by Danny Williams's company DewCor.

The city says it has yet to receive filed documents from Costco, formally requesting a move to the Galway development. (CBC)

"Unfortunately, I am unable to confirm or deny any specifics. DewCor are in discussions with several potential retailers for the Galway development," said DewCor spokeswoman Elizabeth Williams.

"We prefer to not comment on speculation."

City of St. John's officials said they have not yet received written applications from Costco that would need to be filed to build in the Galway area.