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Costco to Anchor Buckeye Retail Center
Sunbelt Investment Holdings Inc. has broken ground on Buckeye Commons, a 410,000-square-foot retail center in Buckeye, Ariz. A 160,938-square-foot Costco store will anchor the retail center upon its completion. Costco Wholesale Corp. paid 5.7 million for the 22-acre site in November 2022.
Buckeye Commons will feature 18 buildings of various sizes across 64 acres. The development of the Buckeye Commons project also includes an agreement with the City of Buckeye. Around $8 million will be reimbursed by the city for public infrastructure improvements in the area, such as installing a permanent four-lane street with various components.
Commercial Edge reports the developer has already executed leases with Starbucks, Jimmy John’s, Over Easy, The Joint Chiropractic, State Farm and DIP Nail Bar. The first store is expected to open in mid-2025.
Butler Design Group serves as main architect, along with CHASSE Building Team as general contractor.
- ◦Development
