Developers Agree Elk Grove is Prime Location for Business
With exceptionally affordable office space, aggressive economic incentive programs, a highly skilled and educated workforce, a business-friendly attitude and a superior quality of life, developers overwhelmingly recognize the City of Elk Grove as a smart location for businesses looking to locate or expand to the Sacramento region.
"Elk Grove is a perfect location for businesses that want corporate offices in the Sacramento region and are looking for buildings in submarkets that allow employees to buy nice, affordable homes and be near great schools and get involved with good communities," said Gregg Mason, a VP with
Jackson Properties, Incorporated. "Businesses looking to relocate to the Sacramento region will find Elk Grove has high quality and affordable real estate product. This is an excellent time to expand in the Elk Grove marketplace with choice properties available at affordable rates."
Elk Grove Strategically Positioned for Global Commerce
Businesses that locate to Elk Grove have a superb advantage of being easily accessible from Highway 99 and Interstate 5--both north/south freeways that run through Sacramento and the Central Valley of California--allowing for easy access from both the northern and southern regional communities, downtown Sacramento and surrounding markets.
"Elk Grove is smack in the middle between Highway 99 and Interstate 5 and that provides great pulling power--from the south, from the north, from all directions--we have a great regional draw. That's a big plus for businesses looking to locate in this area," said Craig Burress, Executive VP of
CB Richard Ellis. "Plus Elk Grove is a captured market. People in Elk Grove want all their daily needs to be met here. The people who live in Elk Grove are very loyal to Elk Grove. Most people are not aware that the average income statistics in the Elk Grove area are higher than the other growth areas in the region."
Close by is Interstate 80--a major east-west route leading from the San Francisco Bay Area through Sacramento and into the state of Nevada--and U.S. Route 50 that runs east-west from I-80 near Sacramento to the Nevada state line in South Lake Tahoe. An international passenger and freight airport, transcontinental rail and a cargo port also serve Elk Grove only minutes away in the neighboring state capital of Sacramento. Skiing in Lake Tahoe, sightseeing in San Francisco, or wine tasting in Napa Valley are all just a short commute away.
Medical Expansion a Bright Spot for Elk Grove's Economy
Three major health care networks are spending millions of dollars on expansion in the Elk Grove area--Catholic Healthcare West--the largest Catholic hospital system in the western United States and operator of Mercy's Methodist Hospital--Sutter Health and Kaiser Permanente. With these expansions come vast business opportunities for professionals in the medical field and other medical service auxiliary businesses.
"Elk Grove's central location between two major arterials--Highway 99 and Interstate 5--is very good for business," said Andrew Kilpatrick, Chief Financial Officer of
Oates Investments, Incorporated. "An Elk Grove location will greatly benefit businesses in the medical field because of the extensive medical expansion occurring right now in Elk Grove."
Elk Grove Has Positive Approach to Growth and Development
Elk Grove's business-friendly attitude and affordable, first class office product means regional and national tenants have an excellent opportunity to enter into the California market.
"In addition to affordability, ease of doing business with a city has become very important to companies looking to expand or relocate," said Scott Cable, Chief Operations Officer of
Oates Investments, Incorporated. "Elk Grove has done a good job at adopting a business friendly environment."
"The thing that differentiates Elk Grove from any place else in the Sacramento region right now is that Elk Grove City officials have a willingness to actively engage in getting business to Elk Grove," said Paul Frank, President of
PDF Commercial, Incorporated. "Mayor Steve Detrick has put phenomenal effort into bringing users into Elk Grove and showcasing properties. Public officials give this kind of lip service all the time, but you don't often see as much effort and time as Detrick and other City officials here put into promoting Elk Grove. And the positive synergy between the EGEDC and the City in soliciting business is somewhat unprecedented. We've had good interaction with both the City and the EGEDC."
Elk Grove is also home to more than 2,600 home-based businesses and has become a hotspot for entrepreneurs. Taking a cue from successful companies like Apple Incorporated that began humbly in a suburban garage and grew into a globally recognized Fortune 500 company (with a northern California regional location in Elk Grove), smart entrepreneurs are taking full advantage of Elk Grove's affordable cost of operating a small business.
"Tenants are now seeing an opportunity to enter into the California market when before it's been too expensive or difficult," said John Pappas of
Pappas Investments.
Elk Grove Businesses Deliver Exceptional Service with Highly Skilled Workforce
Enrollment and degree awards nearly match or surpass levels seen in the Bay area and Silicon Valley markets with most graduates awarded degrees in business, management, marketing, engineering, legal, and computer and information sciences. Corporations benefit greatly from the Los Rios Community College system with Cosumnes River College serving Elk Grove directly. Other higher education facilities in the region include California State University, Sacramento, University of California, Davis, and more than a dozen private universities, colleges and vocational schools including DeVry University and the University of Phoenix.
"Elk Grove is a great location to work, live and play," said Steve Griffin, Senior Vice President Investment Services with
Grubb & Ellis Company. "With a strong educated work force and affordable commercial real estate, Elk Grove is a great place to locate your business."
Elk Grove Residents Enjoy City Life with a Small Town Feel
Elk Grove families take pleasure in a superior quality of life at a more affordable cost than the nearby San Francisco Bay Area. Residents benefit from award-winning schools, good paying jobs, an array of affordable housing options, friendly neighborhoods, and access to an abundance of recreational opportunities and world-class cultural amenities.
"Elk Grove is one of the fastest growing cities in our region and yet it still retains a small town feeling," said Tim Moran, Sacramento Service Area President and
Methodist Hospital President and CEO, and EGEDC Board Chair. "Elk Grove residents take pride in their community and it shows in their award-winning schools, booming businesses and many family oriented events offered all year."
The EGEDC enjoys a collaborative relationship with the City of Elk Grove offering whatever assistance is needed for business success in Elk Grove. For more information click on the
EGEDC website or call (916) 691-3895.
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