San Luis Obispo on target to get a Target

August 11, 2010

San Luis Obispo is about a year away from getting a Target out on Los Osos Valley Road, but the price to develop will run about $32 million. [Tribune]

The 140,000-square-foot-store will sit on 10 acres of land purchased by Target from Madonna Enterprises for an undisclosed price. The popular national chain store will be directly across the street from Costco and Home Depot.

The project, to be called Prefumo Creek Commons, is expected to also include a 36,500-square-foot retail store and three smaller stores in the 3,000 to 7,400 square-foot range.

Clint Pearce, spokesperson for the Madonna family, declined to identify possible tenants, but was confident that all the spaces would be filled quickly.

Project grading started last April. City officials expect to bring in $500,000 to $600,000 in annual sales tax from the new store.


8 Comments

  1. justme says:

    Target? Jesus, somebody make it stop. People are so lost they must spend their hard earned money wandering thru these ridiculous mind f*#ks. It’s a target alright, for the insane.

    Like or Dislike: Thumb up 4 Thumb down 3

  2. Nancy says:

    Well Gee wiz, Paso has a Target and a Wal-Mart, now SLO is going to have a Target which is a store that is in direct competition with Wal-Mart. Who is going to come to the Wal-Mart in Atascadero? Oh no!

    Like or Dislike: Thumb up 4 Thumb down 5

    • easymoney says:

      Question: Why do all the cities in this county have the exact same stores? Why no Nordstroms, Macys, Broadway, etc?
      The selection of stores here are all bottom of the line discount shops.

      Like or Dislike: Thumb up 8 Thumb down 4

  3. slojo says:

    hotdog….romero does want to get rid of the trees on higuera because the roots are breaking up the sidewalks…..so instead of fixing the sidewalks and keeping the beautiful old trees, just pull them out right? jesus…

    Like or Dislike: Thumb up 2 Thumb down 1

  4. Sally says:

    It is all about who you know, Dalido was using someone from out of the area to develop. The Madonnas and the Copelands stopped Target for Dalido but it is OK when they build.
    Dalido’s biggest mistake is he should have partnered with the Madonna’s or the Copelands, if so his project would have been done years ago.
    We do get a bike path across the Madonna property, who need the Los Osos Vally RD intersection fixed when we can all ride bikes.

    Like or Dislike: Thumb up 6 Thumb down 1

    • zaphod says:

      800 lb gorilla with the power to tax, the Downtown Business Association played a spearhead role in the affair.

      Like or Dislike: Thumb up 7 Thumb down 0

  5. JimSeybert says:

    Will Target or the Madonna family be required to pay for improvements to the LOVR/101 overpass? It’s already a colossal mess. One of the major complaints about the Dalido project was the traffic impact – similarities between the two are obvious.

    Like or Dislike: Thumb up 15 Thumb down 1

  6. hotdog says:

    Far out, we are looking more like Bakersfield every day. I think we should also get rid of all the trees around here, they impede progress.

    Like or Dislike: Thumb up 11 Thumb down 4

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