Is a new Costco coming to this major Ontario city?

There has been speculation about a new Costco coming to the northwest end of Mississauga, and now there’s another hint that it might actually be going ahead.

In 2024, INsauga.com reported that a proposal prepared to go before a City committee showed the retail giant wanted to open a “business centre” at Winston Churchill Boulevard and Argentia Road.

It called for Costco to be located in the building that originally housed Rona but has been long vacant.

Neither Costco nor the City of Mississauga officially confirmed the reports at the time.

But a new clue has emerged from real estate company SmartCentres.

The website for its 810,247 square-foot SmartCentres Meadowvale property now lists Costco as one of the businesses located there.

The website also includes a map which again shows Costco.

Mississauga already has three Costco locations: one on Rodeo Drive, another on Dundas Street East, and a third on Laird Drive.

However, if the proposed plan for the Costco Business Centre is going ahead, this store would be different.

A Costco Business Centre sells different items than a regular Costco retail warehouse and specializes in extra bulk goods that cater to businesses.

Costco’s website indicates that there are currently six of those stores in Canada, with the two closest to Mississauga being in Scarborough and St. Catharines.

INsauga.com visited the SmartCentres property and there is no sign from the outside that a Costco would be opening anytime soon.

The building remains unmarked and the parking lot in front of it was filled with piles of snow.

Inquires to Costco, SmartCentres and the City of Mississauga were unaddressed as of noon Wednesday.

So for the time being, it remains to be seen when (or if) Mississauga will officially be getting its fourth Costco location.

— With files from Steve Pecar