Panera and Rite Aid coming to Village at Pacific Highlands Ranch in Carmel Valley

By Karen Billing

As construction moves along on the Village at Pacific Highlands Ranch, two new signed tenants — Panera Bread and Rite Aid— have been announced to join the previously-announced Trader Joe’s.

“We are excited to have signed leases with these initial tenants,” said Dan Curran of Coast Income Properties. “We have more tenant interest on this project than on any other project we’ve been involved in and we are finalizing leases with some tenants who will be new to the Carmel Valley area. We expect our ultimate tenant mix, coupled with all of the amenities we will have on site, to make this a destination for Pacific Highlands Ranch, Carmel Valley, and the surrounding areas as well.”

The Village will include a variety of restaurants and retailers, including a possible health club and a proposed day spa. Several of the restaurants will spill out onto a large, almost football field-size Village Square.

The project will also include 331 multi-family units surrounding a Village Green.