Will Loveland’s Costco Be a ‘Win-Win’ for the City and Northern Colorado?

As of early 2026, Colorado had 17 Costco Wholesale Warehouses, with Loveland slated to be adding to that number in the coming years. The Loveland warehouse will be one of the state's largest, at that.

How Big is the Costco Coming to Loveland, Colorado?

According to the Reporter-Herald, where right now, southeast of The Promenade Shops at Centerra there is undeveloped land, a 160,00 square-foot Costco was approved to be developed on that land by the Loveland City Council, in a deal with Realberry, formerly known as McWhinney. The averages size of a Costco is around 145,000 square-feet, so this Loveland one will stand out.

Where Will the Costco Be in Loveland?

By the spring of 2028, the "Loveland Costco Project" should be completed with a grand opening off of Highway 34 and Centerra Parkway, just southeast of the Railway Flats Apartments, with nearly 1,000 parking spaces (850) planned. Many Costco shoppers find their parking lots very accessible for all sorts of vehicles.

What Deal Did Loveland Make With Realberry to Bring Costco to Town?

According to the Reporter-Herald, Loveland will be giving up 1.25% of the city's 3% tax garnered at that Costco for 25 years; the city would still be taking in about $2 million per year, helping to shore up the General Fund for the city. The Costco will also be generating almost $150,000 a year in fuel and property taxes.

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While many are excited about another Costco for the ever-growing Northern Colorado area, there are those who'd rather not see a "big box" store taking away from local retailers while also congesting the already busy traffic area.