A new commercial center on Monterey Street is nearly complete.
Called Heritage Plaza, the more than 13,000-square-foot center is built on the property formerly occupied by Daylight Home & Garden.
It has seven spaces at 1234 Monterey, and one of them, a roughly 3,000-square-foot spot, is already leased, said Kurt Anslinger, who is managing the construction project.
“It’s going to be an Italian deli, and they have been in business in another location not in this area since 1929,” said Anslinger, who declined to disclose the eatery’s name. “They are going to make their own sausages and fresh pastas every day.”
While a variety of potential tenants have inquired about leasing there, Anslinger said no other businesses have signed on yet. Spaces are leasing for $1.55 to $2 per square foot.
“Pavers are being finished as we speak,” Anslinger said. “We’re in a position now where people will be able to drive in and take a look at it.”
A retired Bay Area contractor, Anslinger said he worked on the project at the request of his wife and her relatives, who have family ties to San Luis Obispo that span as far back as the early 1900s. His wife, Judy, is the daughter of Fred Lincoln Gist, a San Luis Obispo businessman who disappeared in 1975 while on a trip in the High Sierra. Gist was never found, Anslinger said.
“That’s why we’ve named it Heritage Plaza,” he said. “And there will be a plaque there with his name on it.”
Gist graduated from San Luis Obispo High School and attended Stanford University, Anslinger said. He worked in insurance and real estate in San Luis Obispo and served on several city commissions, he said.
“He was the one that developed this (the property) in the 1950s,” Anslinger said. “Numerous people moved in here, including Westside Auto and then Daylight. When Daylight moved out, we decided to come in and take a look.”
The family, which has spent about $1.5 million on the project and has no desire to sell it, decided to revamp the space, making it compliant with the Americans with Disabilities Act in the process, said Anslinger. The building and property has an open, European style, with cobblestone pavers in the interior parking lot, and broader, patterned sidewalks. He expects getting a final sign off from the city in a week or two.
John Rossetti, co-owner of Rossetti Company, a commercial real estate brokerage and property management firm working with Heritage Plaza's owners, said the project is part of the "metamorphosis" happening on Monterey Street.
Architect and developer George Garcia built The MIX at Monterey, a four-story commercial and residential property at 1308 Monterey St., three years ago. Now, San Luis Obispo technology company iFixit is finishing up its new headquarters at 1330 Monterey St.
"It's coming into its own," Rossetti said.