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” said Scott Sellers, city manager of Kyle. “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,” said Travis Mitchell, mayor of Kyle. “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.”
“Large wholesalers such as Costco target large, growing markets,” said Jason Giulietti, president of the Greater San Marcos Partnership. “Their desire to locate in our community is a strong indication of our region’s healthy growth and economy. This is a trend that will continue to accelerate in the coming years, increasing our quality of life and providing quality jobs for our residents.”
“The new Costco location within Kyle is another example of the momentum we’ve been experiencing in Hays County,” said Mark Jones, Hays County Commissioner Precinct 2. “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.
CONTACT
Samantha Armbruster
Communications Director
512-956-4582
About GSMP
The Greater San Marcos Partnership (GSMP) is the 501(c)6 regional economic development organization serving the city of San Marcos and Hays & Caldwell Counties, focused on positioning the region for a wider diversity of quality jobs with higher wages. The GSMP mission is to increase economic opportunities for all in the heart of the Texas Innovation Corridor. Visit greatersanmarcostx.com for more information.
About Kyle Economic Development
The Kyle Economic Development Department was created in October 2005 as a key component of the Community Development Team. Kyle has experienced an exceptional amount of commercial and industrial growth since the Economic Development Department was created, including the development of over 2 million square feet of industrial facilities and the establishment of Kyle as a medical hub in Hays County with over 2 million square feet in medical facilities that have created over 2,000 medical-related jobs in the area. For more information, call the Kyle Economic Development Department at 512-262-3926 or go to KyleED.com.
About the City of Kyle
The City of Kyle is in the heart of the I-35 Texas Innovation Corridor, just 26 miles south of Austin-Bergstrom International Airport & 50 miles north of San Antonio International Airport. Kyle is the second largest city in Hays County and is poised to become the largest — with a population that grew from 5,000 citizens in 2000 to just over 52,300 in 2020. We are the Pie Capital of Texas ™ and home of the annual Pie in the Sky Hot Air Balloon Festival. For more information, visit CityofKyle.com.