The City of Elk Grove's Economic Development Website
Our dedicated staff of economic development professionals is committed to providing you customized business start-up, expansion, and relocation assistance so your business can find success in Elk Grove. Our free consulting and advisory services can assist you with market analysis, site selection, talent acquisition, expedited permits and approvals, and tailored incentives.
The City owns a 20-acre property at the southeast corner of Elk Grove Boulevard and Big Horn Boulevard, just north of District56 and is exploring urban mixed-use development opportunities for the site. Specifically, the City is pursuing the development of a mixed-use project that includes retail, dining, entertainment, office, and residential uses, as well as a hotel. The Project is known as Project Elevate. The objective of the Project is to "elevate" the level of design, commercial and residential product types, and public and private spaces and amenities in the City through development of a new urban mixed-use district built on a traditional street grid pattern.
Elk Grove is a dynamic, growing mid-size city in California's vibrant Sacramento capital region – the center of the 5th largest economy in the world – where your business can start or scale at cost, with an unmatched quality of life, and all the assets and amenities the Sacramento region has to offer.
As a young, ethnically diverse, modern business- and family-friendly city of 172,000 people, Elk Grove is growing fast and growing smart.Wall Hub 2016
With low unemployment, average household Incomes of $85,000, and average home values of $450,000, you and your employees can live a high quality lifestyle with a secure financial future.SmartAsset 2017
Elk Grove’s diversity sets us apart and is our defining characteristic.Wallet Hub 2015
Elk Grove has over 97 community parks and 28 miles of trails, plentiful dining and shopping options, numerous annual events and festivals, and over 270 sunny days per year.
From downtown to midtown to out-of-town, Elk Grove and the Sacramento region accommodate any lifestyle, urban or suburban.
From limited regulation, to innovative programs and incentives, to our business friendly City Council and dedicated professional staff.
9 top performing public high schools offer 70 academies and pathways in 15 industry sectors. The region boasts top colleges and universities like UC Davis, University of the Pacific, and California Northstate University. World class institutions like Stanford and UC Berkeley are 90 minutes away.
First round plan review averages 7 days, with many permits issued in one day, and most over the counter.
We're just 75 miles to Silicon Valley, 12 miles to downtown Sacramento, and 25 minutes to the Sacramento International Airport.
Payrolls and rents are lower, land is affordable and abundant, and utilities are up to 30% less.
Just like Elk Grove, Greater Sacramento provides access to the California innovation ecosystem, world-class talent, and a mega-region of resources – all at a cost that allows for rapid growth and profits. For more information on our regional competitiveness, connect with our partner organization, the Greater Sacramento Economic Council.
Elk Grove’s Office of Economic Development provides professional, free customized services to businesses, brokers, and developers to assist with market analysis, site selection, hiring, expedited permits and approvals, and tailored incentive solutions. We offer a dedicated, single point-of-contact for your project, ensuring clear, predictable city processes and guaranteed timelines designed to get you up and running on-time, and on-budget.
A thriving business starts with a great location, and with our in depth knowledge of Elk Grove’s real estate market, we can help you find just the right site for your needs. We provide customized market analysis and personalized site search assistance. And we have a network of trusted developers and brokers to connect you with.
In today’s market, access to talent is the most important factor in corporate location decisions and you need a reliable talent pipeline. That is why Elk Grove works closely with business prospects to address workforce needs early on. We provide customized labor market reports, personalized hiring plans, and connect you with our trusted workforce and university partners to provide qualified candidates, degree and certificate programs, and hiring incentives.
The old adage is, time is money. We get that, which is why Elk Grove offers the fastest approvals and most innovative expediting programs in California. With our Project Review Team program, for key projects, we form a task force of senior staff who expedite your planning application, clearing a path for a rapid decision so you can get on with pulling that building permit. We issue first round plan review comments in 7 days or less. With our Permit Simplicity program, we can issue building permits in a single day, and our TI Tuesday program results in most TI permits being issued same day over-the-counter. Our OpenCounter app provides you 24/7 virtual access to our Development Services Department to help you plan your project.
All business is local, and small business is the lifeblood of any local economy, which is why Elk Grove has dedicated staff just to help small businesses. Our Small Business Support Specialists understand the unique needs and challenges you face and will assist you with any issue, big or small. We provide free business planning and financial consulting right at City Hall. And our OpenCounter app provides you 24/7 virtual access to key zoning, planning, and building information to help you plan your project.
Economies that don't innovate stagnate. Which is why Elk Grove supports the launch, growth, and attraction of startup companies in Elk Grove, and the people and places that back them. Through our industry leading Startup Elk Grove Incentive Program, we are here to help your startup or incubator with targeted financial investment in your next great venture.
Through our Economic Development Incentive Program, Elk Grove offers targeted financial incentives for companies or projects that make significant contributions to the City’s employment and tax bases. In most cases, to qualify the project must create new high-quality jobs, generate significant new tax revenue, and fall within one of several target industry sectors. Incentive amounts are negotiable and can be tailored to meet the operating needs of your business. We also provide advisory services to help you apply for State of California incentives. All programs offer financing, site selection assistance, and expedited permits and approvals. Connect with us to find out what program is right for you.
The Startup Elk Grove Incentive Program provides technical and financial assistance to launching and scaling startups, and for co-working and incubator facilities that support them. To qualify you must operate in Elk Grove and be an emerging or scaling company commercializing innovative products and platforms in most tech verticals.
The Brewery and Winery Incentive Program provides technical and financial assistance to craft wineries and breweries who operate in Elk Grove, for both manufacturing and tasting room facilities.
The State and Federal Office Incentive Program provides technical and financial assistance to state and federal government agencies adding or expanding office facilities in Elk Grove, with an emphasis on agency headquarters projects.
For businesses and projects that generate significant new sales and occupancy taxes, and raise the bar on both lifestyle amenity quality and quantity, Elk Grove offers targeted tax rebate incentives.
The Development Impact Fee Deferral Program allows a developer to defer payment of City assessed development impact fees that would otherwise be payable in full when a building permit is issued. This innovative best-in-class program functions as a low-interest source of project financing by allowing a developer to defer payment of fees for up to five years, at very low interest rates, with no payments for the first 36 months.
The Program provides grants to small businesses to defray the cost of obtaining City planning and/or building permits and approvals required to construct or retrofit commercial space that the business will occupy. Small businesses are defined under the Program as businesses with less than 20 employees and revenues under $3 million dollars.
The mission of Elk Grove’s Office of Economic Development is to ensure a robust and diverse economy that returns value to the City and its residents and businesses, and is positioned to weather the ups and downs of the broader economy.
Elk Grove's five-member City Council establishes the City's economic development strategies and policies and relies on the Office of Economic Development to implement them.