Plans for the development of the 131-acre Dalidio property are taking shape. Gary Grossman of Coastal Community Builders and Clint Pearce of Madonna Enterprises are in escrow for the property, and are looking to bring the potential project through the city entitlement process. The two have a vision for the location which includes substantially more housing than was previously proposed, and initial plans reflect some key assets of San Luis Obispo — tourism, farming and high-tech — on a very visible corridor. The concept also calls for a high-end executive class hotel with conference facilities, commercial and office space, an organic farm with visitor-serving space, and dedicated open space. Initial housing estimates are for 400-500 units — including apartments, condos and single-family detached homes — that are affordable by design. In fact, the largest lot size being discussed is 4,000 square feet. In addition, initial plans call for roughly 200,000 square feet of commercial space — intended to be upscale retail — as well as about 100,000 square feet of high-tech office space. The developers are also looking at wiring the entire area, including the homes, with high-speed fiber.
