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A 155,000-Square-Foot Costco Is Taking Shape at Grandscape, and The Colony Is Watching the Clock

Construction is underway at Spring Creek Parkway and Grandscape Boulevard, with a fall 2026 opening on the horizon for The Colony's first Costco.

Rustic industrial building with cranes against a clear blue sky, fenced area, daytime.

The Warehouse Everyone Has Been Waiting For

Drive past the corner of Spring Creek Parkway and Grandscape Boulevard on any given weekday right now, and the steel and concrete rising from that pad site tells you something significant is almost finished. Costco’s first location inside Grandscape — the sprawling mixed-use development that has steadily reshaped The Colony’s identity over the past several years — is under active construction, and the timeline points to a fall 2026 opening if the schedule holds.

The project was not a surprise to residents who follow city hall closely. The Colony City Council approved the plans on September 16, 2025, and crews broke ground in December of that same year. What has surprised some people is the sheer scale of it. At 155,000 square feet, the warehouse will be one of the largest single retail footprints along the State Highway 121 corridor. An adjacent gas station is also part of the approved plan, which means the site will draw traffic throughout the day from directions beyond just the Grandscape interior loop.

What the Location Actually Means for This Part of Town

The Colony sits in a particularly useful spot for a warehouse club. It borders Frisco to the north, Lewisville to the west, and Carrollton to the south, meaning a well-placed Costco here pulls from a wide band of Denton and Dallas County households without requiring any of them to fight the congestion of older, more landlocked store locations. Shoppers who currently drive to the Frisco location on Preston Road or the one in Carrollton near Hebron Parkway will have a closer option once the doors open.

For Grandscape itself, the addition fits a pattern. The development has spent years assembling a tenant mix that draws people for full afternoons rather than quick errands — restaurants, entertainment venues, a cinema, and now a membership warehouse retailer that people visit with a cart and a list. That combination tends to generate the kind of sustained foot traffic that benefits every business in the ecosystem around it.

The Gas Station Component Is Worth Noting

Costco’s fuel stations are their own draw, and residents who have watched the pump-price boards at other area Costco locations already understand why. The approved plans include a dedicated gas station as part of the Spring Creek Parkway and Grandscape Boulevard site, which will add yet another reason for Colony households and commuters cutting through on 121 to pull in. Fuel operations at Costco warehouses typically run independently of the store’s membership checkout lines, though a membership is still required to fill up — a dynamic that tends to push new sign-ups among shoppers on the fence.

Fall Is Approaching Fast

The phrase “expected to open in fall 2026” is doing real work in any conversation about this project right now. September has arrived. If the construction timeline is accurate, crews have a narrow window to finish the interior buildout, complete the parking infrastructure, and run through the pre-opening inspections that a facility this size requires. None of that is unusual for a Costco project — the company has a reputation for methodical, well-resourced openings — but it does mean the next sixty to ninety days will be closely watched by anyone who has already mentally added the warehouse to their weekly errand rotation.

There is no confirmed ribbon-cutting date as of this writing, and Costco rarely telegraphs those far in advance. The most reliable signal will come from the parking lot itself: when the gas canopy lights up and the cart corrals go in, the opening is close.

Grandscape’s Ongoing Evolution

It is worth stepping back to appreciate how much has changed at the corner of 121 and Grandscape Boulevard since the development first opened. What began as an ambitious bet on experiential retail has continued to add anchors that give The Colony residents genuine reasons to stay local for purchases they might otherwise have made elsewhere. A Costco — with its bulk groceries, pharmacy, optical department, tire center, and rotating seasonal merchandise — represents a meaningful convenience upgrade for households in this zip code.

The Colony is not a small town pretending to be a city anymore. The infrastructure developing along its commercial spine reflects a community that has grown into the kind of population base that attracts exactly this tier of national retailer. The warehouse going up at Spring Creek Parkway and Grandscape Boulevard is one of the clearest demonstrations of that shift.

Keep an eye on that corner. Fall moves quickly.

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