Second Saskatoon Costco in the works?

Rosewood area might be location

Media – Jeremy Warren | The StarPhoenix

There are conflicting reports about whether retail giant Costco Wholesale is in talks to open a second location in Saskatoon.

Rumours of a second location have circulated in recent years, with the latest one centred on the retail zone of the new Rosewood neighbourhood in southeast Saskatoon.

Arbutus Properties is developing the 90-acre Meadows Market, a retail zone at the corner of Highway 16 and Zimmerman Road.

On Monday, Arbutus Properties sales manager Milton Castelino said in an interview the company is in talks with Costco, along with many other retailers, about opening locations at Meadows Market.

“Costco is just one of the people we’re negotiating with,” Castelino said.

Later Monday, company CEO Jeff Drexel said Arbutus is not in talks with Costco about opening a second location.

He said many companies have been approached about the retail development, but this is standard practice for such a project and there are no negotiations underway with Costco.

The only Costco site in Saskatoon is at 115 Marquis Dr. off Thatcher Avenue in the Marquis Industrial Area.

Earlier in June, city council approved a development plan for Meadows Market that could house 40 to 50 businesses.

The Meadows is a development in Rosewood that, when completed, will add another 2,800 single-family homes, bungalows and townhouses to the neighbourhood.

Download Article

Your Community. Your Home. Your Style.