Costco will open a new store in Mexico City. The cost-savings club chain confirmed that it will add another store to the five it already operates in the capital—Lindavista, Polanco, Mixcoac, Villa Coapa, and Santa Fe—as part of its expansion plan in Mexico. Company officials announced the proposed location at 3443 División del Norte Avenue, in the Coyoacán municipality, and placed this project within a wave of openings that also includes Durango and Tampico in the short term.
What was announced and who said it?
During Retail Day 2025, Mauricio Talayero, a Costco Mexico executive, stated that the company will open new stores in Mexico City, Durango, and Tampico “in the short term.” The information was picked up by business media outlets such as El Financiero and echoed by other national newspapers. In Mexico City, the new branch will complement the current network of five stores.
Local media reports indicate that the proposed property is located at 3443 División del Norte Avenue, Coyoacán. Although the firm has not published the project on its global “upcoming openings” page, local media reports point to that location as the planned address for the project. As with any retail development, the opening will depend on the progress of urban permits and procedures.
When will it open?
The exact schedule has not been formalized by Costco through official channels. However, English-language media that followed the expansion announcements indicate that construction in Mexico City is projected to begin in January 2026, an indication that the opening could occur later that year. This figure should be taken as an estimate, subject to logistical and regulatory changes.
The capital has Costco’s largest presence in the country. With a new store in the south, the company would bring services (club, gas station, and optician, based on its usual models) to neighborhoods in Coyoacán, Benito Juárez, and Tlalpan, intensifying competition with other large-format chains and price clubs. The expansion is part of a global opening push that the company has announced at investor conferences.
In addition to Mexico City, Durango and Tampico are among the confirmed locations “in the short term.” In contrast, the company has ruled out a store in the capital of Oaxaca for operational reasons and the local context, according to statements reported by specialized press.
Why doesn’t it appear on the official website yet?
Costco’s global list of “New Locations Coming Soon” prioritizes openings with fixed dates in the United States, Canada, and other countries, and is updated as permits and construction are formalized. To date, the new Mexico City branch is not listed in that directory, which is consistent with projects in the previous phase.
For investors, Costco has maintained an accelerated pace of openings worldwide during fiscal year 2025 and beyond. Mexico is among the priority markets due to its sales performance and membership base. Although each location has its own schedule, the signal is clear: the brand will continue to grow in the country.
Costco’s expansion to a sixth branch in Mexico City responds to market demand and the consumer potential in the south of the city. While the proposed location at 3443 División del Norte and the mentioned schedule set the course, the opening date will depend on permits, construction conditions, and logistics. For the capital’s consumer, the opening will mean more supply and competition; for the retail ecosystem, it confirms Mexico as a focus for investment in the short and medium term.
Source: emprendedor
