Costco Is Planning to Open a New Location In This Underserved City

A historically-underserved retail market in the Phoenix, Arizona metro area could see a new Costco warehouse built in the next few years.

City documents show that on March 9, Costco submitted site plans for a new location at the southeast corner of Verrado Way and Interstate 10 in Buckeye, Arizona—one of the fastest-growing cities in the nation.

A city spokesperson said Costco submitted plans for a new store but added that the transaction has not been finalized yet.

A Costco spokesperson said it is the company's policy not to share details on new locations that are more than a few months from opening.

The property is currently paved and being marketed as Buckeye Commons, according to a recent brochure of the property.

Before the Great Recession, according to ABC15, the 77-acre site was slated for a 744,000-square-foot power center that would have been anchored by a Super Target, but the project was never built. Just south of the property is where a church and school are also located.