Is another Costco coming for Oakville and Burlington shoppers?

Could Oakville and Burlington shoppers have another major retail store option to do their shopping?

Reports and online rumours are swirling that a new Costco store will be coming to the RioCan Centre Burloak, located at 3527 Wyecroft Rd. in Oakville.

In a convincing post on Reddit from someone who appears to work for the Town of Oakville, the large members-only warehouse store is set to open a new location in the outlet mall at the intersection of Burloak Dr. and the QEW.

Attempts to receive confirmation from the Town of Oakville have been unsuccessful.

According to the Reddit post, work would see the entire southwest portion of the plaza, which includes a Nike outlet and Old Navy store, replaced. The north end of the plaza will remain, which includes Longo’s, Dollarama and Home Depot.

Inhalton.com reached out Wednesday to a staff member of the RioCan Centre who said they knew nothing of the opening of a new Costco at the outlet mall or other store changes. A call from mall management has yet to be returned.

Costco also did not confirm a new Oakville outlet, pointing to a corporate policy that new locations are only officially revealed three months in advance. The only new location in Canada mentioned on the Costco website is London, Ontario.

Costco already has locations nearby at 1570 Dundas St. at the Mississauga/Oakville border and in Burlington at 1225 Brant St.

As well, online commentators point out the “proposed” Oakville location is very close to the existing Burlington site. Costco does not typically locate warehouses close to each other.

In a video interview with inhalton.com’s Khaled Iwamura on Thursday, Burlington Mayor Marianne Meed Ward said she was not aware of a new Costco store coming to the RioCan Centre.

A members-only warehouse, Costco sells a huge variety of items at discount prices, including bulk groceries, electronics, computers, furniture, outdoor living, jewellery, clothing and more.

(This is the Reddit post that has prompted speculation)