Sydney's third Costco will be located at Sydney Business Park in Marsden Park, and construction has now commenced on the new 13,000 square metre complex along with a with tyre centre and petrol station.
Costco will open in July 2017.
The new Costco will join Sydney Business Park's $2.9 billion worth of development, which already spans 256 hectares, including 135 hectares of industrial land, 46 hectares of commercial land, 27 hectares of recreational/park lands, 22 hectares of bulky goods retail land and 6 hectares of residential land.
"Costco is very excited to open our third warehouse in NSW and to be a part of this community," Managing Director Patrick Noone said.
"We feel it is the perfect location for us, offering convenience for our rapidly expanding membership in this area."Mr Noone's comments reflects the fortunate timing of the new Costco, as Marsden Park Industrial Precinct is the largest employment precinct in North West Sydney.
The Marsden Park Industrial Precinct was elevated to the status of ‘Strategic Centre’ in the Department of Planning’s & Infrastructure’s latest Metropolitan Strategy for Sydney, as the surrounding North West Growth Centre is expected to deliver in excess of 61,900 new homes and 177,000 new residents, according to the Department of Planning & Infrastructure.
The warehouse will feature a variety of convenient specialty departments including a fresh bakery, fresh meat, fresh produce, deli, optical department, hearing aid centre, tyre centre and food court, and a petrol station, including high‐flow diesel for truck use.
Sydney Business Park Project Manager Owen Walsh said that Costco Wholesale Australia is a welcome addition to Sydney Business Park, which is fast becoming a major destination for the region.
The new Sydney Business Park Costco will also benefit from a slew of recent infrastructure upgrades from a $350 million infrastructure investment to the area. The upgrades include four major intersections and four lanes to the M7, as well as a three stage South Street Schofields Road upgrade linking Richmond Road and Windsor Road. These upgrades will support east‐west arterial connections through the North West Growth Centre from Marsden Park to Rouse Hill with integrated bus priority.