City of Kyle and Kyle Economic Development announce Costco location
KYLE, TEXAS – The City of Kyle and Kyle Economic Development, in partnership with Hays County, are excited to announce that Costco will be expanding its presence into the I-35 Texas Innovation Corridor with a new location coming to Kyle.
The new Costco location will be approximately 150,000 square feet and located along Interstate 35 between Kohlers Crossing and Kyle Crossing in the Dry River District Development, a 65-acre mixed-use commercial development by Endeavor Real Estate Group that is anchored by Evo Entertainment and Home Depot.
Costco is a membership-based retailer with 813 locations worldwide, and 562 in the U.S., including Washington D.C. and Puerto Rico. It has been a top priority for Kyle Economic Development for several years as well as a top request of residents for retail options in the annual Kyle Community Survey.
“We have been working to make Kyle a hub for high-paying and high-quality jobs along the I-35 corridor and having a company like Costco invest in our city is a valuable opportunity for our strong and always growing workforce,” City Manager Scott Sellers said. “Costco is not only one of the top retailers in the world, but they also have a proven track record of taking care of their employees with very competitive wages and benefits.”
In early 2021, Costco raised its minimum hourly pay to $16. The average wage for hourly Costco employees in the U.S., excluding any overtime premium, but including an extra check component, is around $24. The new location in Kyle will create approximately 225 jobs.
“I am excited for what this means for the City of Kyle,” Mayor Travis Mitchell said, “Our goal for Kyle is for it to be a place that’s more than home, which involves creating a thriving economy that attracts quality employers so that residents can live and work in their community. And Costco investing in our city shows that we are primed for just that.”
“The new Costco location within Kyle is another example of the momentum we’ve been experiencing in Hays County,” Hays County Commissioner Mark Jones said. “Quality employers have confidence in the strength of our workforce and the growth taking place in the Texas Innovation Corridor.”
Kyle City Council and Hays County Commissioners Court officially signed Chapter 380 and 381 Economic Development agreements with Costco on Tuesday, July 27.
