Covington will soon get a Costco which will be the first St. Tammany location after two years of negotiating with residents of nearby subdivisions. The $45.8 million store will be located on Pinnacle Parkway near Covington and will be a 159,000-square-foot store. 
The store will sit on around 12 acres but has yet to break ground. A typical Costco takes six months from ground-breaking to opening. This is a perfect location for the new store as it sits on a busy stretch just off of Interstate 12 in western St. Tammany Parish. In fact there is a nearby shopping center that includes a Kohl’s and Academy Sports and Outdoors.
The Covington Costco will bring around 75 full-time jobs that will pay around $59,000 and 75 part-time jobs for St. Tammany Parish residents. According to the St. Tammany Corporation the store will bring in around $60 million in new sales and property taxes over the next ten years.
“We are elated to announce that one of our nation’s leading companies, Costco, is investing in St. Tammany Parish and will be opening a store in the Covington area. Costco is a company that aligns with our parish’s values, in providing a family-first atmosphere, where employees thrive and customers are welcomed,” comments Parish President Mike Cooper.
“This significant investment in St. Tammany Parish is also a great example of what happens when economic development, local government, and civic and community leaders work together to ensure the overall success of a project,” says Cooper.