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Settlement Agreement Advances Economic Development for Elk Grove

Press Release

Press Release - Settlement Agreement Advances Economic Development for Elk Grove

Posted: 05/20/2015

Elk Grove, Calif. – A settlement agreement between the City of Elk Grove, M & H Realty Partners, and Elk Grove Town Center L.P. – a subsidiary of The Howard Hughes Corporation – will pave the way for progress at and surrounding the future site of The Outlet Collection at Elk Grove.

The agreement will allow for economic development to flourish near the area known as the Southeast Policy Area (SEPA). Located adjacent to SEPA, these developments will complement the City’s first City-initiated master plan since incorporation in July 2000 and the last large-scale development within the urbanized portion of the city limits. 

Allowing development to move forward will provide residents with greater access to commercial, retail, and entertainment establishments and fulfills the City of Elk Grove’s vision statement:

Elk Grove will be a regional leader in providing a high quality of life for all generations through connected and safe neighborhoods, diverse residential and employment choices, and amenities that celebrate and build upon the community’s diversity and heritage. 

“Elk Grove residents are eager for more commercial and retail opportunities and this settlement agreement will allow that to become a reality” said Mayor Gary Davis.

Representatives from the City of Elk Grove attended the International Council of Shopping Centers (ICSC) RECon trade show this week to promote The Outlet Collection at Elk Grove.

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