Costco Begins Construction on New Fort Myers Site
The retailer is building a new location at the intersection of Colonial Boulevard and Plantation Road.
Updated on Oct. 22, 2026 in Openings & Closings
Live Poll
Do you plan to maintain a warehouse club membership this year?
Construction crews have started work on a new Costco store situated on a 55-acre property in Fort Myers. This new location aims to alleviate overcrowding at the existing Cypress Lake Drive warehouse.
Why it matters
The development represents a strategic expansion for the company to handle high customer volume in the region. The new facility is expected to be larger than the current store and include an increased number of gas pumps.
The new site covers a 55-acre footprint, located 5.5 miles from the current warehouse on Cypress Lake Drive. Building a new Costco location typically requires 110 days to complete once construction begins.
The players
Costco
A multinational corporation that operates a chain of membership-only warehouse clubs globally.
The details
The new facility will be located at the intersection of Colonial Boulevard and Plantation Road to better serve local shoppers. The project is part of a broader corporate initiative to add 28 new stores across the United States.
Timeline
March 5, 2026: CEO announced plans for 28 new U.S. stores.
Fall 2026: Expected opening of a new Costco location in Naples.
2027: Expected appearance on Costco's coming-soon site list.
Market Landscape
This development aligns with the company's ongoing expansion strategy supported by its established membership tiers of $65 for Gold Star and $130 for Executive levels. By adding physical locations, the firm reinforces its market share against regional retail competitors.
Residents can anticipate a less crowded shopping environment once the new facility is completed. The increased number of gas pumps should also provide faster fueling options for members living in the area.
The takeaway
Customers should note that membership costs remain consistent at $65 annually for Gold Star and $130 for Executive tiers regardless of the new location. Local shoppers planning their future errands should keep an eye on the site list for official updates in 2027.
Further reading
Learn more about local retail development on the Fort Myers Openings & Closings page.
Source note: This article includes information reported by The News-Press.
Live Poll
Do you plan to maintain a warehouse club membership this year?
