LAKE COUNTY, Calif. — The city of Clearlake reported on Thursday that the work to build a new Starbucks has begun.
Starbucks has officially broken ground and will be bringing the first standalone drive-thru location to Lake County just north of Carl’s Jr. and west of Walmart at 15881 Dam Road Extension, the city reported.
It’s not the company’s only presence in Lake County. A Starbucks kiosk is located on the other side of the lake, in the Lakeport Safeway.
Clearlake City Manager Alan Flora updated the Clearlake City Council about the project at its Thursday night meeting.
He said the new Starbucks is expected to be open for business on Sept. 3.
“Hurray for Starbucks,” said Councilman Russ Cremer.
Cremer said he’s been getting a lot of comments from community members this week in response to the work being done at the new store’s site.
The new Starbucks store is being developed by the Monterey-based Orosco Group, a boutique real estate development firm specializing in commercial, multifamily residential and mixed-use development projects.
“Despite the pandemic, tenant interest in Clearlake as a regional retail hub has been strong. Starbucks is the first of several national retailers who will be opening a new store within our project,” said Patrick Orosco, partner at The Orosco Group.
The company has developed more than three million square feet of new product with a total market value of over $1 billion during its 40-year history. It targets infill opportunities that benefit from its community-based redevelopment process.
Since the recession of 2008, The Orosco Group said it has applied its ground up development and underwriting experience to the acquisition and repositioning of distressed and excess retail, office and residential properties.
Officials reported that over the past 18 months the interest from both local and national retailers has continued to grow for the city of Clearlake.
New development opportunities for retailers ranging from 1,800 square feet all the way up to more than 60,000-square-foot anchor sites have helped bring new eyes and new investment into the market, the city said.
The city also has been in talks since last year with King Management LLC, which is interested in purchasing a portion of the city’s Pearce Field airport property at 6356 Armijo Ave. and 6393 James St. to develop a hotel, as well as developing a hotel project on a portion of Redbud Park, where the ballfields are located, as Lake County News has reported.
There are commitments from other retail, restaurant, hospitality and service providers planning to join in on the new construction in the Clearlake later this year as well.
“We are excited to continue welcoming new opportunities to our city and want other retailers to know that our pro-growth city leadership is here to help,” said Flora.
New Starbucks project breaks grounds in Clearlake
- Lake County News reports
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