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San Luis Obispo County developer arrested for alleged assault charges

Prominent San Luis Obispo County developer Ryan Petetit was arrested on Thanksgiving Day, Nov. 26, on suspicion of several alleged felony domestic violence charges.

Petetit is chief executive officer of PB Cos., a San Luis Obispo real estate development and investment firm he created with business partner John W. Belsher.

The alleged assault on Petetit’s girlfriend occurred Nov. 22, said Shane Day, Arroyo Grande senior police officer. Petetit did not allow his girlfriend to call 911, Day said.

Petetit’s girlfriend fled to a family member’s house out of the area after the alleged assault, then went to a hospital outside the county, where hospital officials contacted Arroyo Grande police. Petetit’s girlfriend later returned and gave a statement to Arroyo Grande police Wednesday.

Officers located Petetit at a relative’s house in Arroyo Grande on Thanksgiving.

Petetit was arrested on suspicion of felony domestic violence, felony battery causing serious bodily injury, felony false imprisonment and misdemeanor disabling a wireless device, according to police. Petetit posted $50,000 bail, Day said.

Petetit’s girlfriend was granted an emergency protective order from a judge to help safeguard her, Day said.

The case is under investigation, Day said, adding that police are waiting to speak with witnesses.

PB Cos. has several projects in the works in San Luis Obispo: a mixed-use development at Marsh and Nipomo streets downtown, along with an adjacent mixed-use restaurant, retail and residential building; the San Luis Obispo Public Market at Bonetti Ranch, at South Higuera Street and Tank Farm Road; and four two-story homes on Grand Avenue. Other developments include two residential projects in Templeton.

In July, The Tribune reported that according to San Luis Obispo officials, Petetit was in breach of an agreement he made with the city in November 2014 to “diligently pursue construction” of a single-family residence he owned at 1179 San Carlos Drive near Sinsheimer Park. As a result, The Tribune reported in July, city officials said they planned to return to court to compel Petetit to pay $13,200 in outstanding fines for violations on the residential property, saying it constituted a public nuisance.

The status of this matter could not be learned Sunday.

Danielle Ames: 805-781-7902

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