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Downtown’s starring role: Atascadero will get new movie theater, retail center

By   /   Monday, October 18th, 2010  /   Comments Off on Downtown’s starring role: Atascadero will get new movie theater, retail center

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Atascadero’s small-town days may be numbered.

The city of 28,000 people has several large developments in the pipeline, including its $13 million Colony Square project, which would bring 14,000 square feet of retail space and 10 movie screens to the currently theater-less city.

Plans for a 130,000-square-foot Wal-Mart are about halfway through the environmental review process and a 21,000-square-foot shopping center is planned across the street.

But the city’s spotlight is on downtown Colony Square. “There’s a huge amount of buzz about this,” said Assistant City Manager Jim Lewis.

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About the author

Managing Editor

Marlize van Romburgh covers banking, finance, agricultural and viticulture. She writes a weekly column on commercial real estate and a monthly column on the restaurant industry. Follow her at @marlizevr