September 18, 2007 marked the official start of construction for the new Elk Grove Promenade mall. This 1.1 million square foot mall will feature Macy's, Barnes & Noble, and a 16-screen Cinemark cinema.
Continuing the trend of outdoor lifestyle malls, Elk Grove Promenade will be open air and without any roofs. A street will wind through the middle of the center to emulate driving through an idyllic main street.
General Growth Properties (GGP), the owner and developer of the mall, is in agreement with the city of Elk Grove to open the mall before March 2009. However, GGP expects to open the mall before the holiday season in 2008.
Elk Grove Promenade is being constructed on 107 acres at the interchange of Hwy 99 and Grant Line Road.
The mall is expected to generate $3.6 million in annual sales tax revenue during its first year of operation.
The southern Sacramento region has been without a mall since the closure of Florin Mall in 2006.
Elk Grove Promenade is expected to effect sales at the Westfield Downtown Plaza. Westfield has been fighting the construction of a new mall in the region for years. This new mall could start a war in a fight for shoppers.
For more information on Elk Grove Promenade.
For the full article on the mall construction.