Monday, September 24, 2007

Elk Grove Mall Starts Construction

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.

1 comment:

randy said...

Kudos on finally contructing the Elk Grove mall, but unfortunately not quite what I was hoping would be in terms of anchor stores. It was orignally to be named Lent Ranch Marketplace with department store anchors (in addition to Macy's) Gottschalks, Dillard's, and believe it or not, Robinsons-May, which would've out of proportion from their Southern California base market. Gottschalks had just announced a new store in a former Wal-Mart in Elk Grove.
As you could probably tell from my previous blogs, I have been a "champion" for Dillard's to open in more California locations, especially in currently vacant acnhors in Southern California resulting from Macy's acquisition of Robinsons-May.
What's the latest on the proposed Broadstone project in Folsom? This along with the Elk Grove project were orginally conceived in the late 1980 to early 1990s when indoor malls with department store anchors were still the norm.
Had Weinstock's still been around, I'm sure they would've been in Elk Grove, Folsom, and in either Roseville or Rocklin, where the latter city was planning a mall as well as the Galleria at Roseville.