Major housing development planned for downtown San Diego
August 17, 2013 by Mark
A stylish new high-rise may soon grace San Diego‘s ever-changing skyline, according to an August 2, 2013, news item. In 2004, the San Diego Padres, the city’s major league baseball team, moved into its new home in Petco Park, located downtown. In fact, it’s directly across the street from the convention center, home to the world-famous Comic-Con. The ballpark was developed with the aid of a master plan that also included the high-rise, which is known as Ballpark Village.
The project – which is slated to be developed by JMI Realty in conjunction with Lennar Communities – could cost $250 million and will have 634 units (over 51,000 square feet) that can be used for retail purposes, a “high line” (elevated greenway) based on the one in New York City, “mews” (pedestrian walkways), and a tower comprising 36 stories. If the city gives its final approval to the design, construction could begin late in 2014, with the Village opening in 2016-17. The architect on the project is Carrier Johnson + Culture, a San Diego firm.
Jim Chatfield, managing partner and senior VP at JMI, said he’s been working on the development since 1999, and thinks pedestrians will have a great experience there. He notes that the development will cover three blocks, and the plan is to interconnect them to give a neighborhood feel to the urban center. The first phase of construction will be the apartments, which could be ready for occupancy late in 2016, with tower condos available the next year.
JMI could work with brochure printers to create an attractive mailer to be sent to prospective tenants, both residential and commercial.