Westfield and Costco Officially Announce Partnership

Shopping mall developer Westfield Group will add Costco stores at multiple sites, which include the Westfield Topanga shopping center. The agreement includes the addition of Costco stores at Westfield centers in Canoga Park, Sarasota, Fla., and Wheaton, Md. The local site, set to open late 2012, will be the anchor of the proposed Village at Westfield Topanga development project. The 146,000 square foot store will be located between the Westfield’s existing Topanga and Promenade centers. The Village project will encompass nearly 1 million square feet of new retail, dining, hotel and office areas, as well as community and cultural uses, courtyards and gathering spaces. The announcement comes after sources last month confirmed that Costco was being considered as part of the recently revised development project, but the shopping center group and the wholesale food retailer refused to officially release the news. Jessica Selva