The expectation of eventually building the “Wine Country Hotel at the Bankhead” seems to have come unraveled. The Independent published a story about it, and we investigated. The phone numbers for Presidio are disconnected, no responses to email, behind in their state filings, and the agent for service process resigned (no one to contact for legal matters). Their representative Rikesh Patel, who oversaw the development negotiations and was the face of the project, hasn’t worked there since 2019 and no replacement has been identified. All of this considered, the company does not appear to functionally exist in California anymore.
The unfortunate breakdown was ultimately hard to avoid. We believe the location was the main problem, since it was never going to be able accommodate adequate parking for the guests as well as several other challenges. Ultimately, it was as infeasible as we suspected it would be since it was conceived in 2016.
There is a group of concerned residents that is proposing a new location they believe can allow a downtown hotel to be a success. Their website at livermorecommunitycoalitionspeaks.com explains their example in more detail. You can reach out to Safia Hasan Livermore.community.coalition@gmail.com with questions.
We hope City officials can be inspired to fulfill one of the major priorities expressed by the residents during the original outreach.
History of the Downtown Livermore Hotel Planning
In 2016, Lennar Multifamily Communities (now Quarterra) originally was poised to develop a massive 260 unit apartment complex. The residents pushed back, and elected a new Council that year with candidates who pledged to do something different. The new Council focused on a smaller housing plan and other aspects including the Presidio hotel planning.
| Date | Event | Significance |
|---|---|---|
| July 2016 | City signs exclusive negotiating rights agreement with Presidio | Formal beginning of current Presidio project |
| 2017 | Downtown public planning process. Community surveyed. | Rankings: 1 parking, 2 community character, 3 open space, 5 hotel, 10 (last) housing. Hotel location debated |
| Jan. 2018 | Council approves plan against the advice of residents and CBG | Hotel placed on the east side of S. Livermore despite the problems |
| Feb. 2018 | Hotel Term Sheet approved | Formal deal with Presidio advances |
| Sept. 2018 | DDA + design approval | East side hotel formally entitled – continued opposition to location |
| 2019 | Referendum campaign | Project becomes subject to voter challenge |
| Mar. 3, 2020 | Measure P passes | Voters affirm downtown development agreement |
| 2020–21 | COVID/delays | Project economics deteriorate |
| Jan. 2022 | City loans $2MM for purchase of offsite parking around the corner and down the street. | Presidio buys Railroad Ave property for guest parking. |
| May–June 2022 | Revised design approved, no more onsite parking for guests | 133-room version approved; underground garage eliminated |
| 2022 | City projects May 2024 construction | First major post-restructuring schedule |
| 2024 | No construction | Schedule missed |
| Spring 2025 | Another projected construction date | Also missed |
| 2026 | City now projects 2027 start; Web page is empty, no way to contact company | Still approved; completion date unknown |
