From unused department store to multimillion dollar condos for weekenders.
The building, a downtown staple for more than 90 years, was purchased for $5.9 million by the real estate development company for the purpose of converting it into a mixed-use property. It will include 25 luxury condominiums and 18,000 square feet of retail space. While existing businesses Jeninni Kitchen + Wine Bar, Grove Nutrition Center and Monterey County Bank will remain on the ground floor, there will be room for eight to 10 additional retail businesses.