Elk Grove decides to move forward with Project Elevate a second time

For the second time, the city of Elk Grove is moving forward with Project Elevate, after the project’s first iteration fell through two years ago. The current project will partner with CenterCal to develop the 20-acre city-owned property within the boundaries below: Elk Grove Blvd, Civic Center Dr, Big Horn Blvd, and Big Timber Dr.

At last night’s meeting, the city council agreed to sell the property to CenterCal to develop the city’s vision for the property.

Details on the proposal can be found on the city’s website.

The city hopes the project will bring entertainment, shopping, and dining. A representative for the developer mentioned Roseville’s Fountains and Folsom’s Palladio as examples. Some of the details are included below.

• A four-story boutique hotel with not less than 100-rooms.
• Not less than 100,000 square feet of retail including restaurants, soft goods, and entertainment uses with an emphasis on new-to-market elevated concepts.
• Not less than 10,000 SF of flexible second floor uses above retail that could include additional retail, office, or residential.
• An approximately half-acre “village lawn.”
• Heights ranging from one to four stories.
• Approximately 952 parking spaces.
• Elevated streetscape and landscape elements throughout the site.
• Extensive programming and special events throughout the year.
• The Project may, but is not required to, include a residential component. It is the City’s and CenterCal’s goal to include residential should market conditions allow.

Illustrations of what the project could look like can be seen below.