Luminar Business Park: a Game Changer for San Clemente Commercial Real Estate

San Clemente is on the cusp of a major milestone with the unanimous Planning Commission approval of Luminar Business Park. This 20 acre industrial development, located in the Rancho San Clemente Business Park, is the first project of its kind to be approved in Orange County in over 25 years. With final approval pending before the City Council, Luminar promises to transform the local commercial landscape.

Long-Awaited Development. The Luminar site has sat vacant for decades, but demand for modern business space in San Clemente has never been higher. Vacancy rates for industrial and commercial space remain at record lows, hovering around 2–3%. Local businesses are growing but often forced to relocate outside the city due to lack of space. Luminar fills that gap with new, high-quality options.

This large open land is the future site of Luminar Business Park

Project Overview. The development will feature:
• 11 contemporary buildings designed with a modern, coastal-inspired aesthetic
• 74 business suites ranging from 2,000 to 20,000 square feet
• 487 parking spaces, drought-tolerant landscaping, and trail connections
• A central amenity hub with a gym, showers, conference rooms, and outdoor seating with ocean views

One building will be designated for commercial recreation uses, such as fitness or dance studios, with safeguards in place to manage parking, drop-offs, and circulation.

Raising the Standard. Luminar will reset expectations for what a business park can be. Unlike traditional industrial developments, Luminar incorporates features typically reserved for Class A office projects, including:
• Floor-to-ceiling glass windows
• Taller warehouse clearances
• Wet bars in every unit
• EV charging stations
• Modern high-end finishes and eco-friendly landscaping

Community Impact. The project will provide significant benefits to San Clemente:
• Space for growth: 74 new business suites mean more opportunities for small and mid-sized businesses to start, grow, and stay in San Clemente.
• Local jobs: With most business park tenants living locally (approximately 85%), Luminar supports both the economy and quality of life.
• Legacy development: Unlike speculative projects, Luminar’s owner intends to hold the property long-term, ensuring stable, high-quality management.

What’s Next? With the Planning Commission’s unanimous recommendation, Luminar Business Park now advances to the City Council for final approval. If approved, construction will move forward, bringing San Clemente its most significant business park development in decades.

Luminar Business Park represents a once-in-a-generation project for San Clemente, delivering modern design, local economic opportunity, and long-term stability. It reflects the City of San Clemente’s Mission Statement: fostering a safe, healthy place to live, work, and play. For the city’s growing business community, it’s not just another development. It’s the future.