New Costco in Las Vegas faces hearing on development pact
Updated January 22, 2025 - 5:57 pm
The proposed new Costco in Las Vegas faces a public hearing next month over its development pact with the county.
Clark County commissioners are scheduled Feb. 5 to discuss a development agreement with Costco Wholesale Corp. for its planned location in the southwest valley.
The popular members-only big-box chain plans to build a 157,633-square-foot retail building along the east side of Buffalo Drive just south of the 215 Beltway. The project would also feature a gas station and tire center, county records show.
County commissioners had approved plans for the new Costco in September 2023. According to county staff, conditions of approval included the signing of a development agreement before any permits are issued to ensure “fair-share contribution” toward public infrastructure in the area.
The Clark County Building Department issued a commercial grading permit for the Costco site last month, records show. County spokeswoman Stacey Welling said that officials are able to sign off on applicable permits when they have a signed development agreement, and that in this case, staff had it in hand last month.
Costco’s project site is owned by the county, property records show. A private company has a ground lease with the county for the land and is subleasing the site to Costco, according to Welling.
Costco officials did not respond to requests for comment this week.
Known as a place to buy food, toilet paper and other goods in bulk, Costco is based in Washington state and currently operates five locations in the Las Vegas Valley.
As of this past fall, it operated nearly 900 warehouses worldwide, including more than 600 in the U.S., according to a filing with the Securities and Exchange Commission.
Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342.