Near West Costco opening next week

Store at Ashland and 14th will be open June 28, the wholesalerís second in Chicago

06/18/2012 6:12 PM

By Ben Meyerson

10 Comments - Add Your Comment

Costco, the popular wholesale retailer that sells everything from tires to toilet paper in massive packages, is ready to open a store on the Near West Side next Thursday, June 28.

Located at the intersection of Ashland Avenue and 14th Street, the store will be Costcoís second in the city of Chicago. Despite its location on the Near West Side in the Illinois Medical District, Costco is labeling the store its South Loop outpost. Their first store is on the western edge of Lincoln Park, on Clybourn Avenue near Diversey Parkway and Damen Avenue.

The new Costco measures 161,000 square feet, and will offer gas, a bakery, a deli and an eye doctor as well as the typical bulk paper towels and fruit snacks.

The store is getting a property tax break worth about $2.5 million over the next 12 years through a deal reached with the city council in January 2011.

Lease negotiations for the site hit a snag last year when the Illinois Medical District, a state-controlled body thatís in financial trouble, wanted to fine-tune the lease. According to Ald. Bob Fioretti (2nd), the Medical District originally wanted to make nearly 1,000 changes to the proposed lease, and Costco balked before the governorís office stepped in to help out.

Before construction, Costco touted the fact that the store would create 125 new jobs with a living wage.

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By JO from West Loop
Posted: 07/18/2012 12:36 PM

"South Loop"? Really? C'mon Costco execs. You can do better than that. How about Pilsen or (Near) West Side, to name a few. Give the area and local residents their due!

By Goose Me from Lincoln Park
Posted: 06/28/2012 11:20 PM

They should never have gotten a tax break. They would have opened anyway. Somebody got paid off again.

By Sam from Near West Side
Posted: 06/27/2012 10:32 PM

Note to C from the West Side: If Fioretti wants to be elected in any position in 2015 period, he better get that Pete's Fresh Market built. His opponents will use this as one example against him during the campaign. PS Don't for about the lawsuits (including Fioretti) that may delay the remap change.

By C from West Side
Posted: 06/27/2012 8:24 PM

George, Fioretti has been mapped out of his own ward. he will be running against a well-established alderman unless he moves to Lincoln Park.

By George from West Side
Posted: 06/26/2012 9:44 AM

Fioretti needs to get the cracking on Pete's Fresh Market on Madison and Western. Or the 2nd Ward voters will not vote for you in 2015.

By lavonne from far west loop
Posted: 06/21/2012 8:31 AM

this is a great shopping addition for the area, and i think it will do great in its location. any word on when Pete's will start building??

By Mike from West Loop
Posted: 06/20/2012 10:54 PM

The large quantities of many items do seem comical to those of us without large families. Costco does make a lot of sense for gas and most frequently used non-perishables. To my neighbor WeLo, they sell toilet paper in packs of twenty-four. If you have a but of storage space and defecate regularly, it's well worth the savings.

By WeLo from West Loop
Posted: 06/20/2012 4:05 PM

I'd consider checking them out if they offered a discount on an initial membership package. But our two-person city dwelling just can't justify buying 144 rolls of TP! LOL

By Sam from Near West Side
Posted: 06/19/2012 7:31 PM

So long Damen/Clybourn/Fullerton Costco.

By Another SL Parent from South Loop
Posted: 06/19/2012 2:21 PM

Tires and toilet papers here I come