The Salt River Pima-Maricopa Indian Community Council have okayed the development of a 162,000 square foot Costco warehouse store and fuel center on Community land north of Pima and Indian School roads just outside Scottsdale. The project will also include an on-site car wash.
The retail outlet is projected to create roughly 250 jobs, with hiring preference given to Community members.
AZBEX reports construction is expected to begin this month on supporting infrastructure for the Costco, including a truck entrance and two spine road entrances that will mirror the entrances to the Auto Show to the south.
Costco will lease the 21.6-acre site for a 65-year term with two possible five-year extensions. The initial term will be paid in one lump sum, with the lease rate for the renewals to be determined by market conditions when they are put in place.
Salt River Pima-Maricopa Indian Community is the owner. Costco Wholesale Corporation is the developer. The design firm is Ware Malcomb.
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