The Dunes Promenade is one of the most talked-about mixed-use retail opportunities on the Monterey Peninsula.
And right now — before all the building foundations are poured and walls begin to rise — you’ll enjoy exceptional flexibility to create the precise store or offices you want while making the most of your tenant improvement (TI) funds at this unique open-air community on the Monterey Peninsula.
Leasing Has Begun
The Dunes Promenade will be a one-of-a-kind stroll among retail shops, eateries and service businesses within a distinctive mixed-use neighborhood located in Marina. The unique retail center is integrated with Shea Homes’ The Dunes on Monterey Bay — a master-planned community with more than 1,200 homes, 500 hotel rooms and 1.5 million sq. ft. of commercial space.
In addition to the surrounding residences Shea Homes is building, ground has been broken for the retail promenade, site improvements are well along (check out our live cam) and leasing activity is already quite brisk — with negotiations moving rapidly toward multiple signing announcements.
That makes right now the time to get in early and secure your spot at The Dunes Promenade, when you can address specific infrastructure needs and customize your retail, dining or business space with optimal flexibility.
If you have a particular location in mind or want to personalize your space to suit specific requirements, you shouldn’t wait.
Appealing Anchors in an Open-Air Design
The Dunes Promenade will be anchored on one end by a well-known and much-loved specialty grocer and on the other by The Brass Tap craft beer bar and grill (already under construction) and the existing Cinemark Century Marina theater. A total of 16,185 sq. ft. of shopping, dining and services spaces remains available.
Connected by relaxing tree-lined, flowered paths leading to a welcoming village square green, the shopping promenade will benefit from many traffic generators including a number of surrounding new home communities, California State University Monterey Bay (CSUMB) and the draw of nearby businesses and big box retailers. This includes more than 1,900 newly built homes in the area with 4,500 more on the way.
Create a Shopping List
There are many ways The Dunes Promenade can contribute to your success and profitability — and there will never be a better moment to secure your storefront here.
• Choose from several dozen suites to lease, ranging from 800 sq. ft. to a full 5,500 sq. ft. building
• Ideal for retailers, restaurants, professional firms and medical/dental practices
• Strong demand generators include CSUMB, the Fort Ord National Monument, Marina shopping center featuring Best Buy, CVS, REI, Target, Starbucks and more — plus the 6 million people who visit Monterey County annually
• Immediate access to travelers on Highway 1 and passing along Imjin Parkway — one of the primary commute corridors to and from Salinas
Don’t Miss This Preconstruction Opportunity
Site construction is moving quickly, so this ‘maximum flexibility’ phase for prospective tenants will end soon once building construction begins. If you think The Dunes Promenade sounds like it may be for you and you want to customize aspects of your space and stretch your TI budget, you need to act soon.
Whether you’re a retailer, restaurant or service business, reach out today. Contact Ralph Borelli at Borelli Investment Company or Michael Schoeder at Cushman & Wakefield for all the details.