Costco Confirms New Moncton Store Will Open November 16
MONCTON – Costco has confirmed it will open its new expanded warehouse and gas bar at the corner of Elmwood Drive and the TransCanada highway in mid-November.
“The opening date is November 16th for our relocated Moncton warehouse,” said Costco Canada spokesman Ron Damiani in an e-mail to Huddle.
Huddle previously reported that the leasing agent for Granite Centre, which will house the new Costco, said the warehouse building will be ready by mid-late November.
Bill Hennessey, the managing director of Colliers International in Moncton, had said construction will “absolutely” be done by then, but couldn’t confirm an opening date.
This will be the largest Costco location in New Brunswick, with a 164,000-square-foot warehouse on 17 acres of land. The new location will also have 875 parking spaces and a four-island gas bar.
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The City of Moncton has begun testing new flashing lights at the intersection of Elmwood Drive and Granite Drive, a new public street that will provide access to the new Costco store.
Costco is the first anchor tenant at the Granite Centre, a retail complex that will also include Home Hardware, which plans to move from its current location on Elmwood Drive. Colliers is working to attract at least three more national retailers to the complex, Hennessey previously said.
Granite Centre’s location – still in Moncton but also close to the highway – makes it ideal for retailers. Many of them will offer more premium, experienced-based stores, he added.
“It’s not your typical shelving, take a product, bring it to the cash, and check out [store]. It’s much more engaging. You may end up spending more time than you had anticipated. You may walk in for product knowledge, and not necessarily product purchase. The Apple store is probably a great example,” Hennesey said.
Lumel Holdings is the local developer working on Granite Centre, along with property sales and leasing firm Colliers International.
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