This investment is part of the Town’s larger plan to draw in major employers, support local businesses, and lessen dependence on residential property taxes. Bringing in well-paying jobs and investments that will boost the Town’s commercial tax base is a key goal for the Council, aimed at improving life quality and affordability for residents.
The project contributes to a surge of significant investments changing the landscape of Wasaga Beach. During this council term, over $355 million in both public and private funding has been secured-including more than $155 million in provincial infrastructure support, marking the highest level ever for the Town.
Recent developments-like Sunray Group’s $60 million Marriott hotel and Stonebridge Building Group’s $90 million mixed-use project-highlight rising investor confidence in Wasaga Beach as an appealing spot for business, tourism, and long-term growth.
The upcoming Costco will feature a 162,000 sq. ft. warehouse, tire center, gas station, and seasonal garden center, enhancing shopping and service options for locals and visitors alike.
Construction is slated to kick off this spring, with doors anticipated to open as soon as fall 2026.
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