"Ghaben Inc., a family-run restaurant company, is floating plans with the city for a redevelopment of the property at 1555 Bonanza St. The firm owns the site through an affiliate and has proposed replacing the Yacht Club with what would be called Oceania Restaurant, Walnut Creek planning documents show."
"The remodel, upgrade and expansion would result in a building totaling 6,300 square feet. The Ghaben family also intends to add an outdoor dining area, city documents show. The exterior remodel includes new paint, awnings, mosaic tiles, and a decorative metal screen system over portions of the building and windows."
"Inside, the existing dining area is slated to be expanded, plans show. A full remodeling is envisioned for the dining, kitchen and restroom areas. New offices are expected to be built on the second floor."
Ghaben Inc., a family-run restaurant company, acquired the former Walnut Creek Yacht Club property at 1555 Bonanza Street for $3.8 million in July 2025. The company proposes converting the shuttered venue into Oceania Restaurant through a major redevelopment project. The expansion increases the building from 4,800 to 6,300 square feet and includes an outdoor dining area. Exterior improvements feature new paint, awnings, mosaic tiles, and decorative metal screens. Interior renovations encompass expanded dining areas, fully remodeled kitchen and restroom facilities, and new second-floor offices. The Yacht Club closed in May 2025 after 29 years of operation. Ghaben Inc. operates nearby establishments including Lita and Broderick Roadhouse on Bonanza Street.
#restaurant-development #downtown-walnut-creek-revitalization #commercial-real-estate #building-expansion #dining-establishment
Read at www.mercurynews.com
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