Agreement reached to build Costco in Loomis
At the boundary between Rocklin and the town of Loomis in Placer County, a Costco will be constructed following years of contentious discussion and a recent settlement.
As per the settlement agreement, the new shop will be located at the intersection of Brace Road and Sierra College Boulevard.
The Costco, which covers 155,000 square feet, has more than 800 parking spaces, including 50 for electric vehicles, but no gas station.
In 2018, Loomis suggested building a Costco on the edge of the Rocklin municipal limits, at the intersection of Sierra College Boulevard and Brace Road.
The mayor of Rocklin quickly responded, claiming that the proposal would clog the city's roadways and have a detrimental impact on both current and future economic opportunities.
As representatives from Rocklin and Loomis attempted to allay worries, the project was placed on hold.
Rocklin restated its concerns about the town's intentions in 2020.
By eliminating the proposed gasoline facility and constructing a northbound entrance lane on Sierra College Boulevard, the project, which is now under construction, allays Rocklin's worries.
New shop would generate more than $1 million in annual tax income for Loomis, potentially making it one of the biggest and most successful construction projects in the history of the community.