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Springfield, MO
Costco is planning to open a new Los Angeles warehouse beneath an affordable-housing complex, marking a creative expansion strategy for the retail giant.
The project, located in the Baldwin Village area of South Los Angeles, is expected to open in 2027, Costco CEO Ron Vachris said during the company's first-quarter fiscal year 2026 earnings call last month.
Vachris said the unconventional approach allows Costco to enter markets where traditional big-box development would be nearly impossible.
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The Hazelwood Cemetery office building project consists of demolition of the existing maintenance building to make way for a new CMU block and wood-framed structure that will house a public-facing family room, offices and associated support spaces, and equipment bays.