Monterey Street Project
The Monterey Street Project in Downtown SLO is starting to take shape with the recent opening of new retail, dining and office space along Monterey Street between Chorro and Morro Streets. The development by Jamestown, LP, a leading national real estate investment and management firm, added 64,000 square feet of retail, restaurant and Cal Poly offices and student lofts into its urban shopping and lifestyle destination, The San Luis Obispo Collection. The new additions include notable retailers Lululemon Athletica, H&M, Williams-Sonoma, Marine Layer and Francesca’s Collection as well as local restaurants Thomas Hill Organics Kitchen, Mint + Craft. The space also incorporates dedicated space for Cal Poly. MAC Cosmetics is scheduled to open this winter.
After testing the market with a pop-up store in Downtown, Lululemon Athletica opened its more permanent retail location at 840 Monterey Street in September. Lululemon Athletica features stylish athletic wear and accessories for both women and men. Just next door, Marine Layer opened its doors at 844 Monterey Street, Suite B-102. Marine Layer has multiple locations across the country and is known for their absurdly soft tees. The shop carries cozy, comfortable apparel and accessories for men and women. Then for the fashion forward, H&M, held its grand opening in October at 886 Monterey Street. H&M offers on-trend clothing, accessories and shoes for women, men, children and infants. Also in October, Williams-Sonoma set up shop at 864 Monterey Street. The brand features kitchen cookware and accessories, gourmet foods and an interior home design center. The most recent retailer to open at 846 Monterey Street is Francesca’s, a shop filled with curated collection of dresses, shoes, jewelry, accessories, home décor and unique gifts.
The project also includes two local restaurants, Thomas Hill Organics and Mint+Craft. Thomas Hill Organics opened for business at 858 Monterey Street this week. As its Paso Robles establishment, the restaurant is serving up its well-known creative, organic/farm to table food and highlights unique wines from the Central Coast here in Downtown SLO. Then in Spring 2017, owners of Luna Red and Novo restaurants will open Mint+Craft at 848 Monterey Street. Mint+Craft is a fast casual café and mercantile with an outdoor patio seating area. The café deli will offer house made market fresh foods that are innovative, delicious and fast. Shelves will be stocked with house made pickled vegetables, sauces, spice mixtures, as well as, locally made cups, bowls, linen napkins, tablecloths and other locally-made wares.
While the Monterey Street Project features retail and eateries, it also includes 6,000 square feet of dedicated office space for Cal Poly, along with 32 Cal Poly lofts. Therese Cron, Copeland Properties/Jamestown WC Leasing Director, expressed, “We are thrilled to announce the addition of our new Monterey Street project, the new landscape of retail, the best in culinary offerings and the live work space for Cal Poly adds extreme value to our locals and tourists visiting our unique downtown SLO. The San Luis Obispo Collection lifestyle portfolio is clearly a top destination for visitors coming to the Central Coast. The Collection brings together world class shopping, the city’s finest restaurants, upscale retail and a place to be for entertainment venues.”
The new hotel named, The SLO – Hotel San Luis Obispo, will feature 78 guest rooms, including six suites and dedicated space for meetings and events. The hotel will also have two onsite restaurants including a globally inspired casual restaurant, and a fine-dining restaurant. Additionally, The SLO will showcase an expansive pool terrace, a lobby lounge, fireplace and adjacent garden courtyard, full-service contemporary spa, a fitness center, complimentary bicycle fleet, and valet parking.