Phoenix

Home Depot Moves In Next To Costco As Buckeye Retail Boom Hits Overdrive

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Published on March 19, 2026
Home Depot Moves In Next To Costco As Buckeye Retail Boom Hits OverdriveSource: Google Street View

Home Depot is planting its orange flag in Buckeye, with a full-size store set to rise next to the Costco off Interstate 10 and Verrado Way. The new big-box neighbor is the latest sign that Buckeye’s retail scene along the Verrado corridor is shifting from sleepy to seriously busy.

According to the Phoenix Business Journal, the Buckeye Home Depot is slated to open in spring 2026, on a pad directly adjacent to the Costco that helped kick off the Buckeye Commons development. The outlet reports that the store is part of a broader wave of national retailers targeting the southeast corner of Verrado Way and I-10.

Public records show the company bought an 11.14-acre parcel at Buckeye Commons for about $7.7 million. The land deal was first detailed by the Rose Law Group Reporter. Commercial real estate coverage indicates Home Depot has also applied for an $11.6 million building permit for a roughly 137,347-square-foot store at 20410 W. Roosevelt St., with ConnectCRE reviewing the permit filings and project specs.

Buckeye Commons itself is being developed as an approximately 410,000-square-foot power center at the southeast corner of the I-10 interchange and already includes a Costco that opened in 2023. The developer’s marketing and leasing materials list Dick’s Sporting Goods and Home Depot as key anchors, and the center celebrated an official ribbon cutting late last year. A detailed site plan is posted by SIHI Properties, and a news release on the ceremony is available from EIN Presswire.

What It Means For Buckeye

City leaders have pitched Buckeye Commons as a catalyst for the kind of retail and dining options residents have been asking for, and they have closely linked the project to ongoing infrastructure work around Verrado Way. The City of Buckeye has highlighted roadway and utility improvements tied to the center on its social channels, with The City of Buckeye noting the role of the development in the corridor’s buildout.

Coverage of the larger Verrado corridor and surrounding area frames this retail push as part of Buckeye’s rapid growth and long-term planning. The Real Deal has reported on broader efforts to shape the city’s future mix of entertainment, commercial space, and supporting infrastructure.

Timeline And Next Steps

Site preparation and early construction work on the Home Depot pad began last year, with crews getting the ground ready near the existing Costco. Local outlet InBuckeye documented the initial phase of the build.

The Phoenix Business Journal reports that the retailer is targeting a spring 2026 opening, even though Home Depot has not yet announced a firm grand opening date.

What Residents Should Know

The site sits on a highly visible, signalized corner directly off I-10, and commercial listings highlight strong drive-by traffic along with planned access upgrades tied to the development. LoopNet lists additional property details and visibility metrics.

The broader buildout at Buckeye Commons is expected to generate construction jobs in the near term and hundreds of retail positions as stores open their doors.

Home Depot and the Buckeye Commons leasing team did not immediately release public statements in the reporting cited above. Residents and job seekers should keep an eye on official announcements for hiring timelines and details on store services. This story will be updated as Home Depot or the developer confirms an opening date and staffing plans.

Phoenix-Real Estate & Development