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Costco Confirms New Coyoacán Warehouse as It Outlines 20-Year Mexico Growth Plan

The company cites Mexico’s outsized profitability as the driver for a measured buildout that avoids higher‑risk markets.

Overview

  • Executives confirmed a new Costco at Av. División del Norte 3443 in Coyoacán, with construction targeted for January 2026 and an opening expected in the second half of 2026, subject to permits.
  • The Coyoacán site would be the sixth warehouse in Mexico City, extending coverage in the south of the capital under a long‑range expansion roadmap.
  • Costco’s plan envisions at least six additional clubs in the Valley of Mexico over the next two decades, alongside moves into underserved states.
  • Near‑term priorities mentioned by the company include Durango and Tampico, with another Monterrey location guided for May, while Oaxaca is off the near‑term map due to recurring protests cited by the firm.
  • Officials also confirmed a major Escobedo, Nuevo León project billed as the largest Costco in Latin America, with local authorities highlighting its scale and employment impact.