June 2016 Business Matters Newsletter

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WATCH: WHY BUSINESSES WANT TO LOCATE AND EXPAND IN ROSEVILLE

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STRONG MEDIAN HOUSEHOLD INCOME TREND CONTINUES

median household income in roseville

Roseville household income is exceptionally strong at $80,658, 31% higher than the state average household income of $61,489. This is an 18.3% increase since 2011. 

Placer County is the 7th wealthiest in California. Roseville comprises 1/3 of the county’s population.


MEDIAN HOME VALUES INCREASING

median home sales chart

The median home value in Roseville is $390,950.  Roseville home values have gone up 5% over the past year and are expected to rise 3.9% over the next year.  According to Zillow, Roseville has a market health of 7.7 out of 10, which is very healthy.  


ROSEVILLE: FASTEST POPULATION GROWTH IN PLACER CO.

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Source: State Department of Finance, as of January 1, 2016


NEW OR EXPANDING ROSEVILLE BUSINESSES


SOURDOUGH AND CO.

Sourdough and Co. will be locating at 5005 Foothills Blvd., Suite 100. The 1,450 square foot of lease space is valued at $28,000 in tenant improvements.  Renowned for freshly baked Sourdough Bread, served warm, their deli style sandwiches feature an array of top quality meats, cheeses and produce topped with our delectable house spread. Sourdough & Co offers the ultimate in casual dining.


sourdough

Coleman Chavez & Assoc

COLEMAN, CHAVEZ & ASSOC.

Coleman Chavez & Associates LLP is a law firm focused primarily on the defense of workers compensation claims and related litigation.  Chad Coleman and Richard Chavez are proud to have established the firm on February 11, 2008.  Coleman Chavez & Associates LLP represents a variety of clients including employers, insurance carriers and third party administrators. Locating at 1731 E. Roseville Parkway, S-200 with tenant improvements valued at nearly $175,000.


SLEEP NUMBER

The Sleep Number store will be locating in The Fountains shopping center at 1162 Roseville Parkways, S-FC3. Tenant Improvements for the 4,000 square feet of leased area is $230,000.

sleep number

marble store

Marbles: The Brain Store in the Westfield Galleria have tenant improvements underway valued at $125,000.  Marbles is a "one-of-a-kind specialty store with a smart collection of hand-picked, expert-tested, certifiably fun ways to build better brains."