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Costco Revamps El Dorado Hills Plan: Apartments Dropped, Gas Station Added

New proposal for Costco in El Dorado Hills eliminates planned housing and retail spaces, focusing on a warehouse store with gas station facilities

Cris Alarcon by Cris Alarcon
November 3, 2024
in Business, News
542 17
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Costco Revamps El Dorado Hills Plan: Apartments Dropped, Gas Station Added
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El Dorado Hills (Nov 3, 2024) – Costco’s latest proposal for a retail development in El Dorado Hills is a significant pivot from initial plans. The revised design removes the 304-unit apartment complex and adjacent retail spaces that were originally included, replacing them with a Costco-branded gas station. This new plan, submitted to El Dorado County officials, centers on a 156,000-square-foot Costco warehouse with parking that spans both ground level and underground. The store is planned to sit on the southern portion of the 40-acre site along Silva Valley Parkway, north of Highway 50, with the gas station occupying a section of the northern half. Over 21 acres will remain undeveloped under this updated proposal.

This development could bring economic benefits to El Dorado Hills, including increased local sales tax revenue and reduced congestion at the Folsom Costco. While some residents are enthusiastic about the convenience and potential jobs, others may have concerns about traffic and environmental impacts—especially given the proximity to residential areas. County officials, led by El Dorado County Supervisor John Hidahl, have promised to carefully consider the community’s interests during planning.

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Costco’s updated plans come shortly after it completed the purchase of the site in August, underscoring its commitment to the area despite the project’s evolution. As of now, there’s no confirmed timeline for construction or opening, and El Dorado Hills isn’t listed in Costco’s immediate expansion plans. However, this new Costco is part of the company’s recent expansion in the Sacramento region, which includes new stores in Natomas, Loomis, and a planned site in Roseville.

Let us know your thoughts! Do you think the trade-off—losing apartments for a gas station—will benefit or challenge El Dorado Hills? And will this Costco bring more good than bad to the area?

Source: Sacramento Business Journal, Folsom Times, iHeart El Dorado Hills
Via: Cris Alarcon
Cris Alarcon

Cris Alarcon

Former Member: Executive Board of Directors, Treasurer, Boys & Girl Club of El Dorado County Western Slope. - Former Member: Board of Directors, Treasurer, Food Bank of El Dorado County. - Opening Team Dealer at Red Hawk Casino - Retried EDC Elections Department Inspector. - Youngest Charter Member of the Hangtown Kennel Club. - Political Strategist and Campaign Manager.

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© 2023 Placerville Newswire Commentary is produced by the Placerville Newswire, a private service focusing on Placerville Local Area issues. All conclusions expressed in this publication should be understood to be solely those of the author(s). You may find us in El Dorado County Placerville, CA 95667