Project Elevate
Elk Grove, CA
Project Elevate for Lease
Region: Elk Grove
Use: Office / Retail
Lease or Sale: Lease
Leasable SF: 1,000 - 100,000 SF
Lease Rate: Negotiable
Turton Commercial Real Estate, as exclusive advisor, is pleased to offer premier retail space, creative office space, and medical office space for lease at Project Elevate. The City of Elk Grove (the owner of the site) has selected global real estate firm, Hines, in partnership with renowned architect Gensler to help transform 20 acres of vacant property in the heart of Elk Grove into an approximately 1.6 million square-foot, $600 million urban mixed-use district in this thriving suburb of downtown Sacramento.
Project Elevate will bring a Midtown look and feel to Elk Grove with modern architecture, five to seven story buildings, a vertically integrated mix of uses, and dynamic public spaces. This is a transit ready infill project that is bold and visionary and unlike any other in the Sacramento region. It will “elevate” the quality of space and amenities and bring an urban sensibility to Elk Grove.
The development team of Hines, Gensler, and TCA bring a rich history of delivering world-class mixed use development projects around the globe, including West Edge in Los Angeles, CA, City Center DC in Washington, DC, and Riverwalk in San Diego, CA.
Project Elevate concept design plans include:
- 35,000 square feet of retail and restaurants
- 26,000-square-foot specialty grocer
- 97,000 square feet of public plaza, park, and paseo space
- 865 apartment units, including 130 affordable units
- 78,000 square feet of office
- 100-room hotel
- Two parking structures totaling 1,700 spaces
Suites
Unit: Office Space A
Size: 4,000 SF
Rate: Negotiable
Lease Type: Full Service
Unit: Office Space B
Size: 80,000 SF
Rate: Negotiable
Lease Type: Full Service
Unit: Retail Space A
Size: 1,000 SF
Rate: Negotiable
Lease Type: NNN
Unit: Retail Space B
Size: 100,000 SF
Rate: Negotiable
Lease Type: NNN