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Northern California's Address of Success 
MAY 2011 · VOLUME 3, ISSUE 5
    
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in Elk Grove
 
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ELK GROVE
QUICK FACTS:

Population: 143,885
Labor Force: 72,017
Households: 43,902
Median Household Income: $87,400
Per Capita Income: $33,500
Median Age: 34
Educational Attainment: 73% attended or graduated college
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IN THIS ISSUE...

Worldwide Home Builder Offers Executive Custom Home Design to Elk Grove Professionals 

Professionals locating to Elk Grove really can have it all! In addition to award-winning schools, world-class cultural amenities and an access to an abundance of recreational opportunities, residents can enjoy an affordable superior lifestyle that includes executive custom homes built in a beautiful (and seismically stable!) region of Northern California.

EGEDC New Chair, Vice Chair Named 

As the Elk Grove Economic Development Corporation moves forward with a heightened focus on collaboration between key stakeholders, new leadership will continue the EGEDC's close partnership with the City of Elk Grove and the Elk Grove Chamber of Commerce to foster new business development and jobs within the city.

News From the EGEDC

· Sutter Health Begins Surgery Center Construction in Elk Grove  

· Report: Elk Grove is Fastest Growing City in Sacramento County

· Online Application Streamlines Plan Reviews

· Free Consulting for Businesses


Property Spotlight: CB Richard Ellis Offers Prime Retail Property with Excellent Highway Access


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GJGardnerWorldwide Home Builder Offers Executive Custom Home Design to Elk Grove Professionals

GJ Gardner Sample HomeProfessionals locating to Elk Grove really can have it all! In addition to award-winning schools, world-class cultural amenities and an access to an abundance of recreational opportunities, residents can enjoy an affordable superior lifestyle that includes executive custom homes built in a beautiful (and seismically stable!) region of Northern California.

Worldwide custom homebuilder, G.J. Gardner Homes, launched a new franchise in Elk Grove last month, offering executive custom homes at prices considerably more affordable than can be found in the San Francisco Bay Area and Silicon Valley.

"We don't have a presence in the San Francisco Bay area at this time because of the fact it's not affordable and the lack of land available," said Greg Dettwiler, owner of G.J. Gardner Homes. "That's one thing that sets Elk Grove apart and makes Elk Grove very unique--there is a large availability of single-family lots to build on that are extremely affordable. We have single-family lots available here from $70,000 and that's unheard of in the Bay Area. Also, the permits to build a home cost much less here than in the Bay Area."

"Another one of the biggest advantages of Elk Grove is its location--right on Highway 99 and I-5. From here, we have very easy direct access into Sacramento and into all of the foothill areas," said Dettwiler. "The foothill area is still very strong and never really tapered off in their construction. We can access all of this area in 15 minutes to a half an hour drive as Elk Grove's location is very central."

Elk Grove's family-friendly community and award-winning infrastructure was also a big lure for G.J. Gardner Homes to locate here.

"Elk Grove is simply a nice place to be as far as reputation," added Dettwiler. "There are lots of trees here and lakes and fountains. All of that is a positive thing--we want to get people in a good frame of mind as they drive into the city. The community of Elk Grove, with their streets and thoroughfares, has done a great job of presenting itself."

French Country Estate GJ Gardner HomeThe reaction from the Elk Grove community to the franchise's executive custom home building availability in the area was immediate.

"Within a week of putting up our Elk Grove website we had two customers contact us to build houses, both professional couples. One couple is relocating from Las Vegas, and we are building a very large French Country style home for them in the area that is approximately 5,000 sq. ft. with 1,200 sq. ft. of outdoor space."

"Custom home building does not boom and it does not bust like tract home building does," added Dettwiler. "It remains fairly constant and steady. When it comes to custom home building in Elk Grove and the surrounding area, there have been a couple of years gone by that builders have pulled back and not built new homes and put them on the market so you now have a pent up demand.

GJ Gardner Silvergates Estates renderingG.J. Gardner Homes is also currently developing Silvergates Estates in Elk Grove. Home sizes will vary between approximately 3,000 sq. ft. to 4,500 sq. ft. with prices between about $555,000 and $670,000 with more upgraded options available.

"The style and type of housing that we're building is very much California climate design with indoor/outdoor living spaces and courtyards," added Dettwiler. "We put a lot of emphasis into the design to take advantage of the climate, and we incorporate green building techniques into every home we build."

G.J. Gardner Homes Elk Grove franchise builder/owner Dennis Hendricks has spent nearly 30 years in the building industry and moved here with his family from Southern California in 2002.

"I purposely wanted to have my office in Elk Grove because of the close community feeling that you get from the people here," said Hendricks. "I felt opening this franchise would be a huge kick-start for the building industry that was traumatized in the economic downturn, and this would be a good way to help the local community and all the other contractors that are also working within our community.

Hailing from crowded, bustling Southern California, Hendricks had a very important reason to relocate his life and livelihood to Elk Grove nearly a decade ago.

"My daughter is one of the reasons why we moved here," added Hendricks. "Being born and raised in Southern California, I wanted my daughter to be brought up in a community school district where she could have growth and where it's about people and not status quo. When we moved here in 2002, we never looked back. She's done very well in the Elk Grove Unified School District and we're very happy."

In addition to discovering the high-quality Elk Grove lifestyle, Hendricks has also grown accustomed to the convenience of working and living within the same community without the commute traffic of crowded metropolitan areas.

"I have mile and a half commute to work," he laughs.

For more information about executive custom homes in Elk Grove, please call (916) 691-3895 or send an email to info@elkgroveedc.org.
 


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BoardChairEGEDC New Chair, Vice Chair Named 

Deborah TravisAs the Elk Grove Economic Development Corporation moves forward with a heightened focus on collaboration between key stakeholders, Deborah Travis, President of Cosumnes River College, was recently named the new EGEDC Chair while Jim Cline, Elk Grove General Manager for Frontier Communications, will serve as co-chair. They will continue the EGEDC's close partnership with the City of Elk Grove and the Elk Grove Chamber of Commerce to foster new business development and jobs within the city.

"Based on the review by the Board, the EGEDC decided to implement a new business model and reorganize the staff and Board leadership. This model will bring greater clarity and balance between the City of Elk Grove, the Chamber of Commerce, and the EGEDC, and it's a model that works around the country," said Travis. "Many successful cities have shown that when you make partnerships a priority, the city's economic development is enhanced."

The EGEDC was created in 2007 to foster economic development and affirm a business-friendly approach to new and existing business within the City of Elk Grove. The new leadership stressed that they will bring in additional resources and input from the community to support the EGEDC's new direction and look forward to developing and growing a model to move the City of Elk Grove and its business community forward.
Jim Cline
"Over the last few years we have seen core sectors of Elk Grove's economy--like the medical and technology industries--continue to expand despite a tough economic environment," added Cline. "As we renew our focus on job creation, we will be working more closely with these core business partners to drive more organic growth within the city."

As the first point of contact for business owners, site consultants and any other business or individual looking to establish or grow a business in Elk Grove. The non-profit EGEDC continues to provide businesses a direct voice to the City, underscoring Elk Grove's dedication to not only the private sector, but also to the community in which it serves.

"I'm confident this move will have a positive and sustainable impact on economic development and will strengthen the fabric of the local economy," said Elk Grove Mayor Steven Detrick. "By leveraging the resources of partners in the private and public sectors, we will foster a powerful synergy and advance the momentum of bringing solid, high-quality jobs to Elk Grove."
 
"The Chamber, the EGEDC and the City have all been working toward the same goal of bringing new jobs to Elk Grove and keeping our business community thriving," said Angi Perry, Executive Director of the Elk Grove Chamber of Commerce. "We are looking forward to heightened collaboration between our organizations that will help streamline the process for existing business' growth and help us better guide them through difficult issues presented by this challenging economy."



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EGEDC Logo Rev_1NewsNews from the EGEDC

Sutter Health Begins Surgery Center Construction in Elk Grove

Last week Sutter Health held a groundbreaking ceremony to mark the beginning of construction on a new Elk Grove Surgery Center. The facility will take one year to build and will accommodate approximately 1,250 outpatient procedures in the first year of operation. When completed, Sutter Health will have a total of 275 physicians and staff working in Elk Grove.

Report Shows Elk Grove is Fastest Growing City in Sacramento County

The Sacramento Area Commerce and Trade Organization's current Sacramento Regional Report shows an 18.1% increase in Elk Grove's population since 2005, making Elk Grove the fastest growing city in Sacramento county. The city of Sacramento showed a population increase of only 7.2%, while Sacramento county showed an increase of 5.6% overall.

Online Application Streamlines Plan Reviews

The City of Elk Grove offers a convenient web-based electronic plan submission, review and tracking system that allows building permit customers to manage a plan review, upload files and track the status of a project review. This system streamlines key development and regulatory processes, and offers an easy and more efficient building plan submittal that will be reviewed by the City's building, planning and public works departments, and reduces turnaround time by distributing work to multiple departments simultaneously. For more information, contact the EGEDC at  (916) 691-3895, or send an email to info@elkgroveedc.org.

Free Consulting for Businesses 

Take advantage of free consulting for your business through the Small Business Development Center! The center is located in the same office space as the Elk Grove Chamber of Commerce and the EGEDC--a convenient one-stop-shop for all things related to business development. Free and low-cost workshops to meet local small business needs are also available. Call (916) 691-3895 or send an email to info@elkgroveedc.org for more information.

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PropSpotProperty Spotlight: CB Richard Ellis Offers Prime Retail Property with Excellent Highway Access     Scott Carruth

Scott Carruth, CB Richard Ellis Vice President, works closely with local, regional and national tenants to best match their needs with availabilities in the greater Sacramento market. He is Sacramento's leading shopping center stabilization expert, working with a variety of landlords, renegotiating existing leases and bringing new tenants to distressed assets. Additionally, Scott has worked with many local and national tenants on their market roll-outs. In 2008, 2009 and 2010 the Sacramento Association of Commercial Real Estate nominated Scott for the Retail Broker of the Year Award. For more information on the property below, call (916) 691-3895 or send an email to info@elkgroveedc.org.
Harbor Palms

The Harbours

Offered by CB Richard Ellis

Harbour Palms

Phase I: 2471 Elk Grove Blvd.
  • Suite #130: ±1,270sf
  • Suite #150: ±1,300sf (Fully equipped restaurant)
  • Suite #160: ±1,625sf (Fully equipped restaurant)
  • Phase II - 2475 Elk Grove Blvd
  • Suite #180: ±1,235sf

Harbour CoveHarbour Cove
Phase I: 2733 Elk Grove Blvd.
  • Suite #220: ±900sf
  • Suite #230: ±900sf
  • Suite #240: ±900sf
  • Suite #270: ±1,080sf
  • Suite #280: ±1,200sf
  • Phase II: 2745 Elk Grove Blvd
  • ±13,800sf total (can be demised)

Property Features:
  • $2.00 per square foot, NNN (as specified in lease)
  • The Harbour's retail center is located along one of Elk Grove's dominant retail intersection of Elk Grove Blvd. and Harbour Point Dr.
  • In-line and end-cap spaces
  • The site intersection captures this densely populated residential neighborhood has well as the commuting traffic of Interstate 5
  • Laguna/Elk Grove region is one of Sacramento's largest and fastest growing growth areas

Nearby Schools & Communities
Elliott Ranch Elementary School 1,013 student population; ±1.3 Miles
Stone Lake Elementary School 997 student population; ±1.4 Miles
Laguna Stone Lake, Lakeside, Laguna West; ±40,000 Residents

CBRE Demographics
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EGEDC Supporters
  
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