San Diego Business Journal

Flower Hill Promenade Nears Completion of $30M Renovation

Wednesday, October 17, 2012

Owner Protea Properties is near completion on the first renovation phase of a $30 million expansion of Flower Hill Promenade in Carmel Valley. The restaurant chain Chipotle and a CorePower yoga studio recently opened at the center, and several new tenants are arriving in coming months, including a Whole Foods grocery store.

Jeffrey Essakow, the center’s managing partner, said in a statement that healthcare provider Sharp Rees-Stealy has chosen the center for its new North County office. A 29,364-square-foot medical facility is scheduled to open in fall 2013.

Whole Foods plans to open a 30,000-square-foot store in February, and Cucina Enoteca, a 7,000-square-foot, two-story restaurant from the operators of Cucina Urbana, is slated to debut in May.

In January, locally based Burger Lounge is scheduled to open a 1,009-square-foot restaurant at Flower Hill Promenade.

A Protea Properties spokeswoman said the first phase of the redevelopment, set for completion in early November, included renovation of existing older buildings. A second phase, taking place in January and February, will include landscaping of interior courtyards.

The 14-acre center was built in 1977 at 2720 Via de la Valle.