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OtherApproved272 East Via Rancho Parkway, Escondido, CA
Costco Wholesale ground lease — North County Mall Parcel 1
Escondido
Description
The council authorized a 20-year ground lease (with seven five-year options) with Costco for the former Sears parcel at North County Mall.
Impact summary
Could bring $2 million+ in annual sales tax and 300 jobs, plus spinoff traffic for other mall stores.
Applicant
- Name
- Costco Wholesale Corporation
- Address
- 272 East Via Rancho Parkway, Escondido, CASee this on the map
At a glance
- Hearings
- 1
- Public comments
- 1
- Total mentions
- 1
Last vote · City Council
Approved5–0, unanimous
Last discussed Aug 12, 2026.
Meeting timeline (1)
Related issues (1)
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