What will the owners of Oasis Grille & Wine Lounge do with the restaurant space vacated by Stacey's at Waterford?

For over a year, Dublin residents have watched and waited to see which restaurant will move into the space vacated by Stacey’s at Waterford on Tassajara Road. The long wait has finally ended with the recent announcement that a new restaurant called Coco Cabana is on its way. Based on initial reports, Coco Cabana will be a Latin-themed restaurant that promises to complement the current restaurants and businesses in the Shops at Waterford.

The people behind the popular Oasis Grille & Wine Lounge in Downtown Pleasanton will be the ones to operate the Latin-themed restaurant Coco Cabana. Coco Cabana will occupy the entire 4,500 square foot pad that anchors the Shops at Waterford. Details about what Coco Cabana will offer patrons remain scarce at this time; however, the experience at Coco Cabana is expected to be magnificent, given that the Oasis Grille & Wine Lounge has been so successful in its current location in Downtown Pleasanton. Oasis Grille & Wine Lounge has received an average rating of 4 stars on Yelp based on feedback from over 160 reviews.

The exquisitely designed wine lounge at Oasis Grille & Wine Lounge in Downtown Pleasanton

The location at Waterford is ideal for a new restaurant like Coco Cabana for many reasons. Unlike new commercial developments like Grafton Station, Tralee Village, and Avalon Dublin Station, new restaurants going into the Shops at Waterford no longer have to pay the onerous water and sewer hookup fees, because the previous tenants have already paid them. The water and sewer hookup fees for restaurants in new commercial developments can run anywhere from $200K to $400K.  In addition, the Shops at Waterford has remained a thriving hub for shoppers and diners in East Dublin even during the economic downturn. Finally, Coco Cabana will be able to benefit from all of the tenant improvements made by Stacey’s at Waterford.

The owners of Coco Cabana have already signed the lease contract with the Shops at Waterford, but they still need to work with the City of Dublin to hammer out the details for their tenant improvements before renovation may begin. The grand opening date of Coco Cabana has yet to be announced, but a press release is expected soon from Coco Cabana.