# Costco expansion in Spain and Mexico

> Developing situation record from CLSTR: https://clstr.news/situations/costco-expansion-in-spain-and-mexico
> Updated: 2026-11-04T16:07:27.000Z. Sources: 2. Developments: 2.

Costco is advancing retail expansion efforts in Spain and Mexico. In Spain, the company plans to begin construction on a large commercial site in Siero, Asturias, in early 2027, with an expected opening by the end of that year. This project includes a retail space, a parking lot, and a service station.

Furthering its strategy in Spain, Costco has acquired land in Torrejón de Ardoz to build a third location in the Community of Madrid. This 80 million euro investment is expected to create approximately 200 direct jobs and includes a 15,000 square meter commercial area and a gas station, with an anticipated opening in September 2027.

In Mexico, the company has initiated procedures for a second location in the Puebla metropolitan area, specifically in San Andrés Cholula. While construction is projected to potentially begin in 2027, official dates for the start of works and the store opening have not been confirmed as the company awaits an environmental impact assessment.

## Timeline

### 2026-11-04: Costco to invest 80 million euros in new Madrid store

Costco will invest 80 million euros to open a new 15,000 square meter store in Torrejón de Ardoz, Madrid, by September 2027, creating 200 jobs.

2 sources. https://clstr.news/cluster/costco-to-invest-80-million-euros-in-new-madrid-store

### 2026-10-09: Costco advances expansion plans in Spain and Mexico

Costco is planning new expansions: a large-scale facility in Siero, Spain, expected to open in late 2027, and a second location in San Andrés Cholula, Mexico, currently undergoing regulatory procedures.

3 sources. https://clstr.news/cluster/costco-advances-expansion-plans-in-spain-and-mexico

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Cite as: Costco expansion in Spain and Mexico. CLSTR, https://clstr.news/situations/costco-expansion-in-spain-and-mexico