CONTRACTPENDING

CenterCal to Develop Project Elevate

Document date: Sep 25, 2024

What it covers

City Council authorized the City Manager to execute a Letter of Intent (LOI) with CenterCal Acquisitions, LLC for Project Elevate, aiming to develop a mixed-use project with retail, dining, entertainment, office, and residential uses. Purchase Agreement will replace the LOI and the developer will commence with project entitlements targeting the close of escrow and commencement of construction within a further approximately 12 to 18 months.

Who holds it

Centercal Acquisitions holds this real estate development contract with Town of Elk Grove. Its other public contracts on record include work for City of Elk Grove and Elk Grove Village village (pt.).

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Contract details

Contract type: Real Estate Development
Document date: September 25, 2024
Term: NA
Vendor: Centercal Acquisitions
Agency: Town of Elk Grove
Source document: town-of-elk-grove-meeting-minutes-2024-09-25_c12.pdf (Meeting Minutes)

Centercal Acquisitions's other public contracts

Town of Elk Grove, WisconsinCenterCal Acquisitions Negotiating Purchase Agreement for Project Elevate · Jun 11, 2025Undisclosed Town of Elk Grove, WisconsinCenterCal to develop Elk Grove's Project Elevate · Feb 26, 2025Undisclosed City of Elk Grove, Californiacity-of-elk-grove-resolution-2025-02-26_d05.pdf · Feb 26, 2025Undisclosed Elk Grove Village village (pt.), Illinoiselk-grove-village-resolution-2025-02-26_22b.pdf · Feb 26, 2025Undisclosed City of Elk Grove, CaliforniaCity looking for elevated retail with CenterCal Acquisitions · Feb 12, 2025Undisclosed All Centercal Acquisitions contractsVendor profile

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Questions about this contract

Who was awarded the real estate development contract by Town of Elk Grove?

Centercal Acquisitions was awarded this real estate development contract by Town of Elk Grove, as recorded on September 25, 2024.

What type of contract is this?

This is a Real Estate Development contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-elk-grove-meeting-minutes-2024-09-25_c12.pdf (Meeting Minutes), dated September 25, 2024 from Town of Elk Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Centercal Acquisitions hold?

Centercal Acquisitions may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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