The Marketplace project will include retail shops anchored by a23,000-sf Longs Drugs and a 57,000-sf Ralph's Supermarket, whichRegency Realty Corp. is developing and managing. Jacksonville,FL-based Regency Realty Corp. purchased 13.5 acres for its drug andgrocery store project from the Mansour Co. this past October for anundisclosed amount. The Longs Drugs will be completed by the end ofthe year and Ralph's will be completed by summer 2002.

So far, a Big O Tire store, a post office and several gasstations have been completed. Once its finished, the entire TownCenter East project, designed to look like a French village, willinclude a 100-room hotel, a 14-screen movie theater with the optionto add four more screens, a smattering of restaurants and cafes,department stores, office space and a car dealership.

"The whole theme will be European," says Doug Wiley, amanagement and development consultant with Foothill Partners. "It'sa very classy and unique look and I think that the European feel isconsistent with other developments in El Dorado Hills. The goalhere is to make it look older than the rest of the community ratherthan newer."