State Of The Art Costco Coming to Bonney Lake!
Big things are happening for the residents of Bonney Lake, the second Costco in East Pierce County is close to opening up its membership-only doors by next summer. The next closest location is currently in Puyallup.
Located on what used to be the Washington State University Demonstration Forest, this $30 million dollar and 150,000-square-foot Costco is looking to employ between 150-200 new employees. This Washington based company won’t only be adding to the employment pool in Bonney Lake, but also to the economy.
Economic Benefits for Bonney Lake
Visconsi Companies, who were partial owners of the forest space, estimate that Costco will bring in between $300,000- $500,000 in annual sales tax revenue, $400,000-500,000 in property tax revenue, $250,000 in construction sales tax to the city, $142,000 in building permit fees, $10,000 in sewer fees, $146,000 in water fees, $113,000 in storm water fees and $1.14 million in traffic impact fees.
Located off of state Route 410, eat of 204th Avenue Eat and north of Eli Hill South Prairie Road East, this whole sale beast will have four entrances to this state-of-the-art store.
Costco Membership: A Must!
To get into Costco, you have to be a member. With annual fees of $60 for the basic membership, you get access to all Costco locations worldwide. The $120 Gold Star Executive getsyou an “annual 2% reward on eligible Costco purchases and travel packages,” and extra benefits on selected services. If you run or own a business, there are also two different business memberships, similar to the personal.