Reicker Pfau Partner Robert Forouzandeh Represents Mesa Lane Partners in Joint Venture on the Inn At Mattei’s Tavern
On December 18, 2015, Terroir Capital and Mesa Lane Partners announced the long anticipated commencement of the development of the Inn at Mattei’s Tavern in Los Olivos, CA, Santa Barbara County’s wine region. Terroir Capital, an investment firm specializing in leading hospitality and winery properties, has partnered with Mesa Lane Partners, a leading Santa Barbara, CA-based real estate development and hospitality firm, to advance the development of a full-service boutique wine country resort at the site of the historic Mattei’s Tavern in Los Olivos, CA. A Reicker, Pfau, Pyle & McRoy, LLP team, led by Partner Robert Forouzandeh and aided by Partner Fernando Velez and Associate Russell Terry, represented Mesa Lane Partners on the transaction.
The resort will introduce 64 luxury bungalow-style suites, spread over nearly 7 acres, to the site of the existing Mattei’s Tavern Restaurant on Railway Avenue in Los Olivos, CA. With existing entitlements and local governmental approvals, the project will feature a world-class restaurant, full-service spa, an outdoor pool with a bar, a community-driven retail boutique selling local craft foods and artisan wares, a gym facility, on-site parking and valet, and 3,000 square feet of indoor and outdoor special event and meeting space.
As the only new luxury resort to be built in Los Olivos, this exciting project will fill the region’s need for full-service boutique accommodations, especially with respect to the 1 million tourists that visit the Santa Ynez Valley each year, as reported by Destination Analysts in 2015.
Originally built in 1886, Mattei’s Tavern is a prominent and historic remnant of the Old West in Santa Barbara County. For over 130 years, the property has served distinguished guests ranging from John D. Rockefeller to Clark Gable, who have been drawn to Mattei’s Tavern for its blend of natural beauty, romantic heritage and classic luxury. Over the years, the property has served as a stagecoach stop, restaurant, bar, and hotel, as well as the terminus of the Pacific Coast Railway. In 2010, Mattei’s Tavern was designated as a Historic Landmark by the County of Santa Barbara Historic Landmarks Advisory Commission.
The Inn at Mattei’s Tavern will allow visitors and the local community to experience an authentic taste of Los Olivos and Santa Barbara Wine Country. The project will feature a high-touch guest experience and an exceptional design, which will blend the area’s rich history with modern luxuries, retaining the character of the site’s existing craftsman structures.
Given its premier location, romantic heritage and world-class amenities, the Inn at Mattei’s Tavern is positioned to become one of Southern California’s most sought after destination resorts.
Terroir Capital is a real estate private equity firm with an impressive portfolio of wine brands and hospitality properties located in some of the most sought after wine regions in the world. They are a community that values the importance of the land, in living wholeheartedly, and in sharing warmth and love with family and friends.
Mesa Lane Partners is a full-service real estate investment, development and hospitality firm based in Santa Barbara, CA. They are committed to designing projects that enhance communities and protect the environment.