Retailing giant Costco to open warehouse at Brisbane Airport

Costco is coming to Brisbane after Queensland’s capital city gateway secured the retail giant as a future tenant for its latest commercial precinct.

One of the world’s most recognisable retailers will occupy a 6.7-hectare site, featuring a 15,600sqm warehouse and fuel station and is set to open late 2029.

It will be Costco’s first location in Brisbane City and the fourth store in Queensland.

Brisbane Airport is developing a new 51-hectare parcel of land, centrally located and directly opposite the International Terminal, covering an area more than three times the size of South Bank Parklands.

Perimeter drainage works have started on the mammoth site, where Costco’s arrival will mark a key chapter in transforming the location into a broad mixed-use precinct.

Brisbane Airport CEO, Gert-Jan de Graaff, enthused: “Costco’s commitment marks the beginning of a new chapter for Brisbane Airport and is the first of many announcements to come as we bring to life a new mixed-use precinct for the city.

“Costco is just the beginning. Even a retailer of this scale will occupy only 12% of this huge development site, leaving significant opportunities for other businesses to establish themselves alongside one of the world’s most recognised retail brands.”

Costco’s country manager for Australia and New Zealand, Chris Tingman said the new Brisbane Airport warehouse is a strong vote of confidence in the area’s growth, with an investment of over $145 million in retail development.

He noted: “It is great news for our members across Brisbane. This is a dynamic and fast-growing region, and we look forward to bringing even greater value to members through our wide range of products and services.”