DSW Inc., the shoe store chain from Columbus, Ohio, has submitted initial paperwork to occupy a former Borders Books store at 7415 Laguna Blvd. in Elk Grove.
City spokeswoman Christine Brainerd said Elk Grove has made suggestions to DSW's submitted plans. Once resubmitted, the city will review the changes as part of the regular approval process.
If DSW completes the deal, it would mean all but one of the region's five former Borders stores have been reoccupied by new tenants.
In February 2011, Borders Group Inc. filed for Chapter 11 bankruptcy protection and began the process of liquidating more than 200 of its stores nationwide.
Since then, former Borders stores have been filled at 2030 Douglas Blvd. in Roseville (Fresh Market), 2765 E. Bidwell St. in Folsom (Total Wine & More) and 500 First St. in Davis (Whole Foods Market).
The former Borders Books site at 2339 Fair Oaks Boulevard in Sacramento remains vacant.
DSW operates 364 stores in 41 states, including three in the Sacramento region.