Richardson Properties 300The Residences at Marsh Street Commons, located downtown San Luis Obispo, was awarded the Mayor’s Award by Mayor Jan Marx during the recent Downtown Association Beautification Awards.

The Residences at Marsh Street Commons is ideally located on the corner of Marsh and Nipomo streets and was honored for its contribution to the Downtown and revitalization of a major corner.

Developed and built by brothers Andy and Craig Mangano of SLO Life Investments LLC and brokered by Richardson Properties / Christie’s International Real Estate, Marsh Street Commons is a mixed use neighborhood featuring eight residences, four lofts and five commercial retail spaces.

“Marsh Street Commons exemplifies the fine detailing and high level of quality and craftsmanship that Andy and Craig are known for,” said Chris Richardson, managing partner of Richardson Properties / Christie’s International Real Estate. “Marsh Street Commons has set the standard for new homes and condos in downtown San Luis Obispo and we are so proud to be representing this new community.”

Construction is nearing completion and buyers will close escrow on The Lofts this month.

Commercial/Retail suites are expected to close escrow over next 30-45 days. SLO Life Investments LLC will continue to develop high quality neighborhoods and is currently working on other residential and commercial opportunities in the downtown area.