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By Thomas J. Sullivan–
Construction has begun on a new 8,700-square-foot building on “Pad 11” at Stock Ranch Plaza at the main entrance to the Costco shopping center, just across from Applebee’s Bar and Grill.
John Schultz, vice president of CBRE Real Estate in Sacramento, the property’s leasing agent, told The Sentinel that the new building is slated for completion in November. The building will be the first of nine to be developed at Stock Ranch Plaza. NORR Associates of Sacramento is the project architect.
“I can’t yet announce who will be the lessees in the new building,” Schultz said. Plan designs call for up to five commercial spaces for restaurant and or retail tenants.
Lease agreements have been signed, Schultz said, but a public announcement of who the new tenants are will not take place until later this summer.
The most recent site plan also anticipates other buildings ranging in size from 2,300 square feet to 5,000 square feet, and one 34,000-square-foot building, will one day be built in Stock Ranch Plaza.
Five Guys, a Virginia-based burger restaurant chain, has been rumored to be a future tenant in the plaza. The company did not reply to an inquiry from The Sentinel last month, but last October a spokeswoman for Five Guys confirmed that a new location in Stock Ranch Plaza was “still in the works of being open in the future.”
Development of the plaza began with construction of the Costco building in 2003 and Walmart in 2005. Additional construction was to have begun in 2017, but modifications to the traffic loop inside the plaza to improve traffic flow contributed to the project’s delay.
Attempts to reach the property’s owner, John Stock, of California C&S Properties in Oakland, were not successful.
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