After the original Granada Garage design came in substantially over budget, the City of Santa Barbara hired Watry Design, Inc. to completely redesign the project within their budget constraints. The site is located on a former City parking lot, which is bordered by two major streets and two pedestrian paseos. As a central downtown location, the structure will serve local businesses including the Granada Theater, shopping, restaurants offices, the public library and the county courts. An office building is designed as part of the project and will serve the Parking and Environmental Departments.

The architectural design of the building reflects the historic Spanish-style of downtown Santa Barbara and complements an adjacent housing project. The structure features enchanting period specific detail, such as murals, alcoves, custom wrought iron balconies, Spanish-style ornamentation, scalloped parapets, wood framed doors and windows, metal spires, planter scones and a Spanish tile roof.