The Phoenix Business Journal reports that on March 9, Costco submitted site plans for a new location at the southeast corner of Verrado Way and Interstate 10 in Buckeye, across the freeway from Verrado and across the street from the recently announced Abrazo Health Medical Campus.
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 site where Costco wants to build is near the east entrance of Buckeye just south of Verrado, an 8,800-acre master-planned community that industry experts have said will house the next wave of retail expansion in the city as space at Watson Road and I-10 fills up.
The property is currently paved and being marketed as Buckeye Commons, according to a recent brochure of the property. Before the Great Recession, 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.
See the Phoenix Journal story here.