US EditionCity Council Poised to Approve $4 Million Land Deal With CenterCal for Elk Grove’s 'Project Elevate'
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City Council Poised to Approve $4 Million Land Deal With CenterCal for Elk Grove’s 'Project Elevate'
When Elk Grove City Council meets on June 25, it is expected to approve a purchase-and-sale agreement that will transfer a 20.45-acre city-owned parcel at Elk Grove Boulevard and Big Horn Boulevard to El Segundo, Calif.-based CenterCal Acquisitions for $4 million. The land is earmarked for “Project Elevate,” a so-called mixed-use development featuring at least 100,000 square feet of elevated retail and dining, a 100-room boutique hotel, and a ha…
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