Situated in the heart of downtown San Luis Obispo, The Penny is a unique event venue featuring an open floor plan with an industrial indoor space + outside courtyard. Available for weddings, receptions, parties, corporate events, photo shoots, production and workshops, The Penny offers flexible rental availability.Constructed in the 1930’s to house a blacksmith shop, the building's historic aesthetic showcases original architecture, exposed brick, and industrial finishes with modern fixtures and decor. It's name, The Penny, is a nod to the craftsmanship that has taken place within these walls for close to a century.San Luis Obispo's only large, mixed-use event space of its kind, The Penny's central location offers walk-ability to all of downtown's best new hotels, restaurants and nightlife. Owned and operated by two local event companies (Tinker Tin Co. + Sidecar Cocktail Co.) whose combined event expertise, love for preserving storied history, and eye for excellent design set this space apart.