Work is under way to build a new four-story, 84-room Hampton Inn on Calle Joaquin in southern San Luis Obispo. The project, approved by the city’s Architectural Review Commission in 2003, is the first hotel to be built in the city in five years.
City officials say the large piles of dirt at the site are being used to recompact the area to ensure a stable pad for the hotel’s foundation.
“This is good news for San Luis Obispo and the community, because it is one of the only new hotels moving forward during these very difficult times,” said Deputy Director of Public Works Tim Bochum. “Financing for new projects is very difficult, and the hotel financing market is flatter than others.’’
Once the hotel is complete, Bochum said, it will provide needed hotel rooms during seasonal peaks of tourism in the summer and generate new tax revenue for city coffers.