Mindbody breaks ground on $20M campus in SLO tech corridor
Mindbody CEO Rick Stollmeyer, left, and San Luis Obispo County Supervisor Adam Hill at an Oct. 29 groundbreaking for the software firm’s new $20 million campus. (Henry Dubroff / Business Times photo)
San Luis Obispo is set to get its flagship high-tech campus as software company MindBody CEO Rick Stollmeyer and local officials broke ground Oct. 29 on a $20 million project including a new office building, four-story parking structure and promenade that will link with an existing facility, eventually boosting employment to 1,300 people.
The campus is located on Tank Farm Road near the intersection with Broad Street. About 100 local dignitaries, including San Luis Obispo County supervisors Adam Hill and Caren Ray and Vice Mayor Kathy Smith, attended the groundbreaking.
Mindbody has been a perennial member of the Business Times’ annual 50 Fastest-Growing Companies lists. This year, it was the 12th-ranked firm on the list, with revenue increasing 162 percent from $12.4 million in 2010 to $32.5 million last year. It is also the third-largest private-sector employer in San Luis Obispo County, with about 540 employees as of August.
