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Redevelopment

Downtown San Diego is in the midst of a remarkable renaissance. More than 100 residential, commercial, retail and entertainment development projects are now under way or on the drawing board and the city's skyline is changing daily.

San Diego's "reversal of fortunes" has been spearheaded by the Centre City Development Corporation, which was founded in 1975 to reverse the area's decline. Since then, more than $4 billion has been invested in downtown redevelopment. Highlights include the building of the highly successful Horton Plaza retail/entertainment complex, restoration of the 16.5 block historic Gaslamp Quarter, 5.9 million square feet of Class A office space, opening and expansion of the San Diego Convention Center, more than 4,800 new hotel rooms and PETCO Park, the new home of the San Diego Padres.

$3 Billion in Development Coming

  • 2.5 million square feet of new office space
  • 400,000 square feet of new retail space
  • 9,000 new homes
  • 3,600 new hotel rooms
  • 5,000 new parking spaces
  • Daily Amtrak service

With $3 billion in additional investment planned for San Diego, the city's transformation is far from complete. Among noteworthy developments on the horizon are:

Residential

  • The Pinnacle Museum Tower, a new 35-story, 182-unit luxury condominium development, is rising over the Marina district.
  • Bosa Development is building two 39-story condominium towers called The Grande at Santa Fe Place to be completed in December 2005. The developer has plans for several other high-rise condominium complexes in the Columbia neighborhood.
  • Cortez Hill will see construction of everything from a 20-story condominium tower to a series of loft apartment complexes.
  • Anchored by the new ballpark, the East Village will continue its rapid revitalization. More than 30 residential projects are in the offing, ranging from a 230-unit condominium loft project to a 320-unit apartment complex with a rooftop terrace overlooking the stadium.
  • 5,000 new parking spaces
  • In Little Italy, a new 304-unit condominium development called La Vita is scheduled to open in 2005, with numerous other residential projects in the works.

Commercial

  • Broadway 655 is a new 23-story, 356,000 square foot office tower at the corner of Broadway and Kettner, which will include 16,314 square feet of retail space and 17 apartments. Target completion date is May 2005.
  • Spurred by PETCO Park, commercial development in the East Village is exploding. Among projects in the works are: DiamondView Tower at the Ballpark, a 14-story, 300,000 square foot office tower with 36,000 square feet of retail and restaurant space on the ground floor, the 235-room Kimpton Boutique Hotel (Hotel Solamar) and the new Omni San Diego Hotel and The Metropolitan, which will offer 512 luxury guest rooms and 37 condominiums, all linked to the new ballpark via a pedestrian sky bridge.
  • Staybridge Suites by Holiday Inn will encompass an entire city block and offer 180 extended-stay suites when it opens in late 2004.
  • A new 12-story Marriott Renaissance Hotel is being built in the Gaslamp Quarter and will offer 344 rooms and 5,000 square feet of retail space when completed in March 2006.
  • A new 30-story, 1,200 room Hilton San Diego Convention Center Hotel, located on San Diego Bay.
  • A new 20-story, 250-room Spinnaker Hotel is planned west of the Convention Center and could be completed in late 2007.

Mixed Use

  • In the Core district, a 41-story mixed-use project called Vantage Pointe is scheduled to begin construction in June 2004. Plans call for 689 condominiums and 32,000 square feet of retail space. Another Core project, Smart Corner, will incorporate a 19-story, 299-unit residential tower, a 5-story office building, 25,000 square feet of retail space and stops for the trolley and bus.
  • The Gaslamp Quarter will continue to see development with a new Hard Rock Hotel comprising 250 rooms, a 68-unit condominium project and retail shops. A 10-story mixed use project known as Trellis Fifth Avenue is slated to open in late 2004 and the second phase of Gaslamp CitySquare, which includes 88 condominiums, 25,000 square feet of retail/commercial space and parking, is scheduled for completion in 2005.
  • Little Italy will be transformed with the 2004 opening of Bella Villa (41 condominiums/5,000 square feet of retail space) and Acqua Vista, a 382-unit apartment project with 5,000 square feet of ground-floor retail. Construction of Allegro Tower, a 28-story, 211-unit apartment building with 4,000 square feet of retail space, is targeted for completion in 2005.

Public/Infrastructure

  • The Baggage Building at the historic Santa Fe Depot is being rehabilitated for the Museum of Contemporary Art. The new, three-story attached addition will also house Amtrak on the ground level.
  • New sidewalks, streetlights and landscaping are planned for several downtown neighborhoods, including the Core, East Village and Gaslamp Quarter.
  • East Village Square and Park at the Park are integral parts of the ballpark project. Integrating a number of historic and new buildings, the mixed use East Village Square will surround a new 2.7-acre community park with views of the stadium's outfield.
  • Construction of an eye-catching new Main Library to upgrade the San Diego library system will get under way in October 2004. The 10-story, 378,836 square foot building is designed with expansion space projected to serve the city's library needs for the next 50 years.
  • The new Park-to-Bay Link is a $10.2 million public improvement project designed to enhance pedestrian connectivity between the new ballpark and the northern and eastern portions of Downtown via a new landscaped promenade with parking, trees, lighting and public art.
  • The historic Balboa Theatre, a 1920's vintage, 1,500-seat performing arts center, will undergo a massive rehabilitation with a targeted completion date of January 2007.
  • The Marina district's new San Diego Children's Museum, slated for completion by November 2005, will include 13,000 square feet of galleries, a cafĂ© with exterior decks overlooking the adjacent park, multipurpose performance space and Charter School for grades 3-6.
  • Tweet Street, a unique linear urban park featuring walking trails and several specially designed birdhouses to support downtown's wildlife, is planned for Cortez Hill and could be complete in late 2004.

A complete list of current downtown project activity can be found online at www.ccdc.com.


Downtown San Diego Looking Forward

  2000 2030
Total Acres 1,500 1,500
Residential Units 11,200 50,000
Number of Residents 25,400 85,000
Number of Employees 76,500 160,000
Office Space (square feet) 14,000,000 33,000,000
Retail Space (square feet) 3,500,000 5,000,000
Hotel Rooms 8,000 20,000
Parking Spaces 55,000 110,000
Source: Centre City Development Corporation, 2003

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