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A brand new Costco warehouse and fuel station are one step nearer to coming to Downey, California, after metropolis leaders accepted a improvement settlement for the challenge, although not everyone seems to be satisfied the realm wants one other location.
The Downey Metropolis Council not too long ago voted to maneuver ahead with plans for the brand new warehouse on Firestone Boulevard. Metropolis officers say the event is anticipated to create tons of of jobs and generate new income for public companies.
Mayor Professional Tem Horacio Ortiz Jr. praised the challenge in an Instagram submit, calling it an funding within the metropolis’s future.
“The Costco challenge will create tons of of jobs, generate new income for important metropolis companies, and strengthen our metropolis’s future,” Ortiz Jr. wrote.
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A person pushes a trolley outdoors a Costco grocery store in Los Angeles, america, March 14, 2020. (Xinhua/Qian Weizhong by way of Getty Photos / Getty Photos)
The announcement drew blended reactions from residents, with a number of questioning why one other Costco is required when warehouses already function in close by cities of Norwalk and Lakewood.
“Do y’all really want a Costco when the one at Norwalk is a 15 minute drive away?” one commenter wrote.
One other added, “We wish a Dealer Joe’s not one other Costco.”
Others welcomed the challenge, arguing close by Costco areas are sometimes overcrowded and tough to navigate.
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A Costco retailer in Vallejo, California, on Thursday, Might 29, 2025. (David Paul Morris/Bloomberg / Getty Photos)
“The Norwalk Costco has been a nightmare since they redid the parking zone,” one other resident wrote. “Glad to welcome one to Downey.”
Based on native studies, the challenge contains relocating the prevailing Downey Nissan dealership earlier than building begins on the brand new Costco. The warehouse and fuel station could be constructed on roughly 13.6 acres that embody the previous All American Residence Heart web site and the present dealership property.
| Ticker | Safety | Final | Change | Change % |
|---|---|---|---|---|
| COST | COSTCO WHOLESALE CORP. | 924.67 | -10.80 | -1.15% |
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The redevelopment bundle is anticipated to price about $10.5 million and includes Costco Wholesale Corp., Downey Nissan and the homeowners of the encircling properties.
The retailer nonetheless faces a number of steps earlier than building can start. The challenge should full a California Environmental High quality Act evaluate and the town’s entitlement course of, which officers count on to take as much as a 12 months. Building of the relocated dealership and the brand new Costco warehouse would observe, placing the shop’s opening a number of years away.
