The open-air facility will be the first regional shopping center in the city.
By Sandy Louey - Bee Staff Writer
Published 6:29 am PDT Thursday, July 12, 2007
Story appeared in METRO section, Page B2
Late Wednesday night the Elk Grove City Council approved plans for a 1.1 million-square-foot open-air shopping mall.
Elk Grove Promenade, the city's first regional shopping center, will have as much retail space as the 1.1 million-square-foot Arden Fair mall and nearly as much as the 1.3 million-square-foot Roseville Galleria.
The council approved the development plan 3-1. Councilmen Gary Davis, Patrick Hume and Michael Leary voted in favor, while Councilwoman Sophia Scherman was opposed. Mayor Jim Cooper was out of town.
The 107-acre project at Grant Line Road and Highway 99 is expected to generate nearly $4 million in sales tax revenue its first full year of operation and provide 2,500 jobs, according to Louis Bucksbaum, who is overseeing the project for Chicago-based General Growth Properties.
General Growth hopes to break ground this summer with October 2008 as the opening date.