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Costco Opens New Outlet in Hangzhou, China

Author: Century 3       Update: 2023-08-31

Costco, the world's largest membership warehouse club, officially opened its latest store in Hangzhou, China, on 26 August, marking the brand’s fifth outlet in China. Century 3, who provided procurement and construction management services to this project, was honored to attend the VIP Party held on 25 August celebrating the grand opening.

Located in Xiaoshan Pilot Free Trade Zone and with a total investment of $160 million, the Hangzhou Costco Store spans 54 acres, with 15,000 square meters of the first floor dedicated to retail space. This immersive shopping experience brings together approximately 4,000 meticulously curated products from across the globe. On the opening day, numerous 'online sensation' merchandise were depleted off the shelves, underscoring the anticipation and enthusiasm surrounding the store’s opening.

Century 3 has built a strong partnership with Costco, providing procurement and construction management services for outlets in Suzhou, Ningbo, Hangzhou, and Shenzhen. The Hangzhou outlet is the third Costco store that Century 3 has worked on and started operation. Century 3's consistent delivery of high-quality work has earned acknowledgement from Costco, fortifying the partnership as Costco continues to expand its retail footprint in China.