Mérida, Yucatán — A new, much more spacious $40 million Costco Wholesale club opened Wednesday to 100,000 members in Yucatán.
After 20 years in Mérida, the popular big-box store moved north to the former Cordemex factory property between Plaza Galerias and Gran Mundo Maya Museum. It was previously on a rented parcel on Calle 60 north, near the Instituto Tecnológico de Mérida.
The new shopping area, which sells groceries and household goods, is 4,908 square meters larger than before. The parking lot has grown from 180 to 600 spaces.
And it’s probably the only Costco in the world with its own cenote. Discovered during construction, the parking lot sinkhole was preserved, terraced and landscaped with plantings and ambient lighting.
The ceremonial store opening was attended by the Mayor Renan Barrera Concha, and Secretary of Economic Development, David Alpizar Carrillo, who toured the store along with Jaime González Solano, director of Costco Mexico and branch manager Ariel Rangel Muciño.
Based in Issaquah, Washington, Costco is a membership-only store founded in San Diego, Calif., 38 years ago, when it was known as Price Club. There are 671 branches across the United States, Mexico, United Kingdom, Australia, Canada, Taiwan, South Korea, Japan and Spain. As of 2014, it is the second-largest retailer in the U.S. and the third largest in the world.
In Mexico, membership is 450 pesos a year for a “Gold Star” membership, or $1,000 pesos a year for an “Executive” cash-back membership.
Sources: Diario de Yucatán, Wikipedia