Costco Wholesale Corporation is set to break ground on its first location in Milwaukee County on May 6, 2026, marking a significant retail expansion in the region. This new store will be a 164,000-square-foot facility featuring a gas station and ample parking—868 spaces to be exact. The arrival of Costco is more than just another store; it represents a substantial investment that promises to invigorate local economic growth.
The decision to open in Franklin, Milwaukee County, stems from a broader strategy of Costco’s expansion across the United States. As the demand for membership warehouses continues to rise, this move positions Costco as a key player in the local retail landscape. It’s not merely about selling bulk groceries; it’s about creating jobs and increasing property values while attracting additional businesses.
Key facts about the upcoming Costco location:
- The first Costco in Milwaukee County is expected to open its doors in May 2026.
- The new facility will cover 164,000 square feet and include a gas station.
- There will be 868 parking spaces available for customers.
Franklin Mayor John Nelson expressed enthusiasm about the project, stating, “Bringing Costco Wholesale Corporation to Franklin has been a long process, but one that will deliver lasting benefits to the community.” The local government anticipates that this development will create numerous job opportunities and elevate property values in the surrounding areas.
Recent developments from Costco’s financial performance:
- Costco’s quarterly revenue reached $69.60 billion, reflecting a 9.2% increase year-over-year.
- The company reported earnings per share (EPS) of $4.58 for the quarter, beating estimates by $0.03.
- Costco boasts a market cap of approximately $450.93 billion.
This Costco expansion aligns with broader trends in retail growth as consumers increasingly seek bulk purchasing options and value-driven shopping experiences. However, officials have not yet confirmed how this new location might impact existing businesses in Franklin or how quickly it will draw local shoppers once it opens.
As the project moves forward, residents are left anticipating both its immediate benefits—like job creation—and its long-term implications for Franklin’s economic landscape. With these developments underway, Milwaukee County stands on the brink of significant change as it welcomes one of America’s leading retailers into its community.