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Old Posted May 2, 2007, 1:48 PM
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Palladio has space for 16 silver screens
By Bob Shallit - Bee Columnist
Published 12:00 am PDT Wednesday, May 2, 2007
Story appeared in BUSINESS section, Page D1


Execs at Elliott Homes are naming only one of the anchor tenants at the outdoor Palladio at Broadstone lifestyle center they're planning in Folsom.

It's Cinema West, a Petaluma-based company putting in a 16-screen theater in the project's first phase.

But we've obtained a tentative list of other tenants for the center, to be built along East Bidwell Street between Broadstone Parkway and Iron Point Road.

Elliott's "working lease plan" lists Whole Foods as one likely anchor, taking a 45,000-square-foot site. Others listed as either having pending leases or letters of intent include bookseller Barnes & Noble; Coldwater Creek; and national restaurateurs PF Chang's, Ruth's Chris Steak House and Devon Seafood Grill.

Elliott's Russ Davis says he can't comment on any possible tenants except for Cinema West, which he says is making its first appearance in the Sacramento area.

As for other likely tenants, "We have confidentiality (agreements) with tenants that have signed letters of intent ... so I can't comment on how many are real and how many are just on a wish list."

Davis does say the project, adjacent to a planned Kaiser medical campus, is moving ahead. Grading is set to begin this summer and paving will be complete by year's end.

"We'll see buildings under construction next year," he says.

The first phase of the 500,000-square-foot project is strictly retail. A second phase could include a hotel or condos, he says.
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