Biz Buzz: Grooming in the works for old Greyhound station

The former Greyhound bus station in San Luis Obispo is getting a makeover.

The 14,000-square-foot building on South Street was recently bought by Quaglino Properties, real estate broker Derek Senn said. An extensive remodel is currently under way, and new owners plan to transform the property into a modern space suitable for offices, medical uses, a restaurant or retail.

The deal closed about a month ago for an undisclosed sum.

“We saw a value there,” Matt Quaglino said. “Yes, it looks horrible from the outside. But the building itself is very well built. We think that it has great bones. We are submitting plans to the city, and it won’t look like the same building.”

Quaglino Properties is adding a new storefront, raising door heights and building a patio in front. Parking also will be available at the site, dubbed South Street Station.

“We’ve already done some demolition on the inside, and we’d like to get started on the outside in the next couple of weeks.”

Quaglino Properties plans to begin the search for tenants in the next few weeks.

— Julie Lynem UCSB project to update on economy

Information on local, state and national economies will be presented June 2 during the first-ever Mid Year Update presented by the UCSB Economic Forecast Project.

The event, hosted by the Atascadero and Paso Robles chambers of commerce, will feature presentations by economists Chris Thornberg and Brad Kemp of the San Rafael-based Beacon Economics, along with Sacramento political expert Dan Walters, a columnist with The Sacramento Bee.

The deadline to register is Monday.

The event is a follow-up to the UCSB Economic Forecast Project 2010 economic forum held in San Luis Obispo in November, organizers said, which annually attracts more than 400 business and community leaders.

A free bus is available to shuttle attendees from San Luis Obispo to the event, planned for 8:30 to 11 a.m. at the Paso Robles Event Center.

Forum tickets cost $50 per person and includes seminar attendance, a light breakfast and a copy of the financial update.

Reservations for the event and for the shuttle can be made by calling Atascadero at 466-2044 or at; or Paso Robles at 238-0506 and

—Tonya Strickland

The two-year construction of Valentina Luxury Vacation Rentals, located near downtown Pismo Beach at Price and Pismo streets, has been completed. Designed by architect Steven Puglisi, and built by Specialty Construction Inc., Valentina uses only energy-efficient appliances and technology, according to a company announcement.

Formerly the site of the Pismo Beach Inn, each of nine suites is dedicated to a cultural icon of Pismo Beach and decorated with historic photographs.

— Julia Hickey

The Central Coast Wine Competition recently announced that wineries can register online at, with a deadline of June 1. Judging will take place on June 17 and 18 at the Paso Robles Event Center.

— Julia Hickey