New Costco location with a gas station set for Metro Vancouver | Urbanized (2024)

Metro Vancouver is expected to gain a new additional Costco Wholesale store location — and this will be a ginormous location, rivalling the region’s current largest stores.

The multinational big-box membership-only retailer is in the midst of the City of Surrey’s development application process to develop the massive land assembly of 1891 164 Street and 1947 164 Street in South Surrey.

This location is strategically next to Highway 99’s interchange at 16 Avenue. The undeveloped site is heavily treed and bushed but surrounded by residential neighbourhoods. Major BC Hydro power lines also cut through the site.

    You might also like:
  • IKEA proposes major Richmond store expansion, growing by 50% in size
  • Famed "Pink Palace" hotel in South Surrey to sell for at least $18 million
  • Gilmore Place gearing up to be the second largest retail hub of Brentwood district in Burnaby
  • New store location of Winners in downtown Vancouver to open this summer
  • Amazon buys former Walmart Marine Drive site in South Vancouver for $150 million

Daily Hive Urbanized reached out to Costco on Monday but did not receive a response in time for publication.

The land assembly reaches 33 acres in size. Based on the application, Costco would develop most of the property with the exception of the southeast quadrant, with the location spanning about 20 acres.

A City of Surrey spokesperson told Daily Hive Urbanized the proposed warehouse store floor area is 165,000 sq ft, which is larger than the 150,000 sq ft location at Brentwood Town Centre in Burnaby, the 147,000 sq ft location in downtown Vancouver, and the 141,000 sq ft location at Bridgeport in Richmond.

As can be expected, most of the lot will be developed into a surface vehicle parking lot — a total of 989 stalls — and some changes will be made to the local road network to support the expected influx of vehicle traffic. Currently, the property is accessible only by narrow local roads.

Additionally, this Costco location would feature a gas station situated at the southwest corner of the property. The warehouse store building would be situated within the northwest corner of the property, while the remaining lot areas would be used for parking, including the areas directly underneath the power lines on the northwest corner of the site.

New Costco location with a gas station set for Metro Vancouver | Urbanized (1)

Future site of Costco Wholesale at 1891 164 Street and 1947 164 Street in South Surrey. (Google Maps)

New Costco location with a gas station set for Metro Vancouver | Urbanized (2)

Future site of Costco Wholesale at 1891 164 Street and 1947 164 Street in South Surrey. (Google Maps)

New Costco location with a gas station set for Metro Vancouver | Urbanized (3)

Development site proposal for Costco Wholesale at 1891 164 Street and 1947 164 Street in South Surrey. (Costco)

New Costco location with a gas station set for Metro Vancouver | Urbanized (4)

Future site of Costco Wholesale at 1891 164 Street and 1947 164 Street in South Surrey. (Google Maps)

The spokesperson adds that the application seeks to amend the official community plan (OCP) to enable “mixed employment” uses instead of the current “multiple residential” uses. Changes would also be made to the Highway 99 Corridor Local Area Plan and Sunnyside Heights Neighbourhood Concept Plan to enable commercial uses instead of the current business park/industrial uses.

Surrey City Council is expected to consider the application in Fall/Winter 2024.

Currently, there are 14 Costco locations across British Columbia, including seven locations within Metro Vancouver.

This would be the retailer’s second location within Surrey after their existing Newton area store. But it would be Metro Vancouver’s third location with a gas station, after the stores in Langley and Port Coquitlam.

New Costco location with a gas station set for Metro Vancouver | Urbanized (5)

Example of a Costco Wholesale gas station; artistic rendering of a new Costco gas station in Massachusetts. (Costco)

Buoyed by consumers seeking low-priced bulk goods and groceries amidst steep inflationary trends and challenging economic and cost-of-living conditions, Costco has been reporting stronger than anticipated revenues in its recent fiscal quarters and is pursuing major expansion.

According to the company’s website, it will open 14 more locations in the United States, Australia, Japan, South Korea, and Spain between June and December 2024.

The company’s newest store in BC is the 2022-opened Kelowna location, a brand-new purpose-built store that replaced an existing nearby store.

    You might also like:
  • IKEA proposes major Richmond store expansion, growing by 50% in size
  • Famed "Pink Palace" hotel in South Surrey to sell for at least $18 million
  • Gilmore Place gearing up to be the second largest retail hub of Brentwood district in Burnaby
  • New store location of Winners in downtown Vancouver to open this summer
  • Amazon buys former Walmart Marine Drive site in South Vancouver for $150 million
New Costco location with a gas station set for Metro Vancouver | Urbanized (2024)

FAQs

Where is Costco opening new stores in 2025 in Canada? ›

Preferred Region. The look of a new Costco store in Oakville is beginning to take shape.

Is the new Costco in Redding going to have a gas station? ›

The new Costco is 25% percent larger than the former Dana Drive store and it has a 30-pump gas station, which opened Monday and was selling regular unleaded at $3.99 a gallon, more than a dollar less than the average price in greater Redding.

Is Springbank getting a Costco? ›

A new Costco is on the way for Alberta, with a projected opening date now set for the store that will soon be built in an area just west of Calgary near the Springbank Airport.

Is Winnipeg getting another Costco? ›

A new Costco location is opening in West Winnipeg! The new 166,843sqft store is planned for the Westport Festival development near the Red River Ex grounds and Assiniboia Downs. This will be the fourth Costco location in Winnipeg, joining McGillivray, St. James and Regent.

Where are the proposed new Costco locations in 2024? ›

New Costco warehouses nationwide
  • Richmond, Texas: June 2024.
  • Northwest Omaha, Nebraska: July 2024.
  • Chaska, Minnesota: July 2024.
  • Tomball, Texas: August 2024.
  • Covington, Louisiana: August 2024.
  • Ridgefield, Washington: August 2024.
  • Napa, California: October 2024.
  • Bend, Oregon: October 2024.
Jul 4, 2024

Where is the second largest Costco in Canada? ›

Costco's new warehouse club in Gloucester is the second largest in Canada.

Who supplies Costco with fuel? ›

Q: Where does Costco get its fuel? A: Costco buys fuel from major refineries and distributors in each area. All Kirkland Signature™ Fuel is guaranteed, just like the merchandise we sell inside the warehouse.

What are they going to do with the old Costco in Redding? ›

Costco opened there last November after decades of planning to relocate in Redding. Meanwhile, the old Costco on Dana Drive will be redeveloped into an At Home store and anchor the new River Bend Commons center.

Why is Costco moving? ›

Costco is set to relocate its Docklands warehouse to Ardeer to improve members' convenience and the shopping experience. The Ardeer warehouse will cover a larger area than the current Docklands warehouse, with 15,000sqm of floor space to house an extended range of “high quality” merchandise.

Who makes Kirkland whiskey for Costco? ›

There's long been Costco lore about the manufacturer behind its baby diapers, coffee, and even parchment paper. When it comes to the booze, like Costco's Kirkland Signature Blended Scotch Whisky, California-based Scotch exporter Alexander Murray & Company is the company you can thank.

What store did Costco merge with? ›

Over the next decade, both Price Club and Costco Wholesale continued to innovate and grow, and in 1993, the two mega-retailers merged, creating a gifted leadership team that soon made Costco the world's most successful warehouse club.

Where is the new Costco being built in Springbank? ›

The development is located in the Springbank area along the TransCanada #1 Highway and across the road from the amusement and entertainment facility Calaway Park. Ron Renaud, Owner Rencor Developments, said he believes the Costco store will be the biggest in Alberta at about 170,000 square feet.

What partner did Costco drop? ›

Investors and consumers were concerned when Costco and American Express announced in 2016 that they would end their 16-year-old exclusive partnership.

Did Kelowna Costco move? ›

The new Costco warehouse opened off Leckie and Springfield Roads in February 2022. The old Costco site is on the corner of Highways 97 and 33.

Is Canada Costco different? ›

The Verdict: Which Costco Reigns Supreme? While both US and Canadian Costcos share the same bulk shopping DNA, there are notable differences. Canadian shoppers enjoy a more organized store layout, wider product selection, and lower prices on certain items.

What will Costco stock be in 2025? ›

Long-Term Costco Stock Price Predictions
YearPredictionChange
2025$ 1,003.6418.59%
2026$ 1,190.2640.65%
2027$ 1,411.5866.80%
2028$ 1,674.0697.81%
2 more rows

Is Costco moving to Niagara Falls? ›

The St. Catharines Costco is moving to Niagara Falls at 7500 Pin Oak Drive, the former Niagara Square shopping centre.

Does Canada have a Costco next? ›

Costco Next only appears to be available in the US. and is not available in Canada. or any other country.

What are the plans for Oakville Costco? ›

Description. The proposed new development Costco facility is proposed to have 15,662.6 square meters of gross floor area, with a total of 1,000 parking spaces which will include both surface and underground parking. Specifically, the site is proposed to contain: 673 standard surface parking spaces.

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Lilliana Bartoletti

Last Updated:

Views: 5621

Rating: 4.2 / 5 (53 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Lilliana Bartoletti

Birthday: 1999-11-18

Address: 58866 Tricia Spurs, North Melvinberg, HI 91346-3774

Phone: +50616620367928

Job: Real-Estate Liaison

Hobby: Graffiti, Astronomy, Handball, Magic, Origami, Fashion, Foreign language learning

Introduction: My name is Lilliana Bartoletti, I am a adventurous, pleasant, shiny, beautiful, handsome, zealous, tasty person who loves writing and wants to share my knowledge and understanding with you.