Mayor Confirms New Costco Opening in Paramus
Mayor Chris DiPiazza has confirmed that a new Costco is set to open in Paramus, New Jersey. This announcement came after the Paramus Planning Board approved the construction on Thursday for a 184,000-square-foot facility.
Details of the Costco Store
The upcoming Costco will be located at 859 Route 17 South, on the former sites of a Kmart and a Stop & Shop. The Kmart has been closed since 2014, while the Stop & Shop ceased operations in January 2022. The plan for the new store aims to revitalize this vacant lot.
Community Support and Concerns
During the planning process, local residents expressed concerns regarding potential traffic increases. However, the proposal received unanimous approval during the Planning Board meeting on October 2. Mayor DiPiazza highlighted the positive impact of the Costco, emphasizing its role in enhancing the local economy and providing jobs.
- Store Size: 184,000 square feet
- Location: 859 Route 17 South, Paramus, NJ
- Previous Businesses: Kmart (closed since 2014) and Stop & Shop (closed January 2022)
- Costco’s New Jersey Locations: 21st store in the state
- Other Nearby Locations: Teterboro, Clifton, Wayne
- Consumer Satisfaction Score: 82 on the American Customer Satisfaction Index
Future Developments
While no specific timeline has been established for the store’s construction, the arrival of Costco is seen as a significant development for Paramus. Mayor DiPiazza noted, “Costco is a premier retailer in the United States, choosing to call Paramus home.”
This new store will not only occupy an abandoned space but is expected to boost local commerce and benefit taxpayers. As the project progresses, it promises to create a more vibrant commercial environment in the area.
