It's going to fail.
Too many NIMBYs in this city |
Here's a PDF of the community plan. Hopefully we'll see all four proposals put forward for the Sports Arena site and surrounding acreage.
https://www.sandiego.gov/sites/defau...ept_2018_0.pdf UT article about it published today. |
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SD City Council finalizes the sale of the Qualcomm site to SDSU
https://timesofsandiego.com/politics...-land-to-sdsu/ |
Construction Updates from someone in Industry
I was getting gas at EC Blvd and Texas St yesterday saw a contractor taking photos of the UC project across street and started talking to him.
Bad news first: The mega project at Park Blvd and EC at beginning of University Heights strip that has been cleared but no equipment on it for 3 months is.... STALLED! 370 units he said financing either fell through or they never got final approval and just cleared the site. Let's hope some Banksters decide to kick in funds. Jonathan Segal Project: He said he wants to go up to 34 floors at Park and Polk... I said what about community opposition he said well technically there isn't a height limit so he is going for it! He also noted his construction company has lost 3 projects due to financing falling through. This economic collapse is hitting guys. :uhh: |
I like tall buildings but yeah, 34 floors is too much for the area
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Bosa Tower topped off and basically completed
Not sure how tall the tower on the left will be. https://i.imgur.com/kcnY3Yw.jpg?1 |
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I'm confused. Didn't Jonathan Segal already build something at Park and Polk? Is there another project at that intersection? |
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Bosa seems like a nice infill tower. Thanks for the shot.
Moving to SD after my office reopens. I was thinking of buying a unit in the smart corner but not so sure now. |
Congrats on moving to San Diego. The Bosa tower will be nice with the roof deck and finishes, but if you can afford it buying in Smart Corner will make more sense financially in the long run. Smart Corner used to be kinda on the edge of downtown and the surrounding neighborhood was kinda underdeveloped (a little sketchy), but that is changing fast. The whole Upper East Village is now happening with new restaurants in IDEA 1 and along Broadway. Literally, 1000s of new units (almost all apartments) are approved around Smart Corner. The addition of people and $, should result in more businesses, restaurants, and amenities. Smart Corner also literally sits above the trolley station for seamless rides to Little Italy's Mercato on Saturdays and soon straight to the heart of UCSD in LaJolla when the new trolley line opens. But for now, Smart Corner is undervalued with strong investment potential. Its also hard to beat the rooftop hot tub and grill. [I lived there and loved it from 2015-2018]
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Hey SD Planner. Thanks for the awesome reply, I figured I'd get negativity.
Yeah, I want to be downtown with access to the highway. This place seemed reasonably priced, nice balconies/views and potential for appreciation. I've been following the forum closely as the East Village just seems to be blowing up. I hope that all these projects continue after covid slows down. Get rid of some of those parking lots. :) Thanks again! |
I guess this is pretty much it for Downtown SD high rise development for the next 5 years. high rise construction is toast downtown once Bosa and Pinnacle are done. Am I wrong?
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Still holding out hope for 7th and Market lets see if Cisterra can convince some investment group to come in and fund that sucker. They can say look its a huge project that will take 2.5 years to complete so in 2023 when we open things will be looking up :shrug: Who knows what will happen with Manchester Pacific Gateway he said he had financing to do the whole project and it was secured... Not sure how the ins and outs of development work so lets see on that. Updates: Crane is up for the long anticipated second fathers Joe's Village "Tower" on Imperial close to MTS headquarters. Streetlights: 29 floor tower F/15th St - still has no construction activity simply a cleared lot. East Village Green: Wasn't construction supposed to be underway for that drove by yesterday and didn't see anything going on looks the same as always. |
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I’m convinced 7th and Market is a cursed plot of land and will remain a surface lot for the next decade, at least.
That site has had so many big plans that have gone down in flames, it’s really sad because it’s a prime spot. Years ago there was a large project slated to move forward but it got tied-up in some scandal with a city official and was subsequently abandoned The cisterra plans were announced over 5 years ago, I remember the plans were announced BEFORE park/market, and now park/market is pretty much complete and 7th/Market has zero activity. That stupid lawsuit really ruined it along with the timing of COVID-19. The one thing I’m not sure about - does the city still own the land or does Cisterra own it now? |
Courthouse was demolished so I assumed Holland Project is moving forward there, has any announcement been made that it is not happening now?
Can someone site exactly what is going on with Manchester Pac Gate, I know its a bit confusing. So he had financing for entire project, then he rejected it because he crunched numbers and figured out it wouldn't work? He took enough to just build the Navy midrise, now he can either go back to Banks/Investors for a different financing mechanism or somehow self finance? Do I have this correct, and all of this was made with an official announcement? They told the press that they have rejected the financing they had secured:shrug: |
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An no, this wasn’t Covid related. I knew this a while back, hence my call to Manchester Financial to inquire. That’s when I was hung up on. |
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Once those obstacles were cleared he then built the Navy building then halted the rest. This was all pre-Covid. |
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Wait, are they building a new arena or just renovating the SA?
Is it really worth saving? |
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Stalled Construction Update:
7 FLoor Hillcrest Project Across the street from Whole Foods and that ATT switching station atrocity.... Stalled!! Still is not even close to reaching street level 25 feet down I would guess and that thing broke ground 10 months ago :(
Sports Arena Project: Do you guys really think this is going to happen anytime soon with how the economy is going to be? Who is going to lease all these 2800 to 3200$ 2 br 2bth units and $2100 1br? Young people who had money are screwed right now and its only going to get worse. Broadway Courthouse project: Has anyone seen if this has transitioned from demo to construction of the tower? Thanks :cheers: |
Update:
https://i.imgur.com/wQQGnCg.jpg?1 I'm not even sure what tower is this so I'm not sure if it's topped off |
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Pinnacle is 32 floors so still has way to go
Weren't they also supposed to start construction soon on the twin to that one. Maybe good ole COVID put a stop to it. Anyone figure out whats up with the courthouse tower? :shrug:
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Gee can some one else post the picture again. 3 times in a row. Insane.
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Looks like Demolition work on the site that will become Alexan Little Italy.
https://imgur.com/j7EOpbZ.jpg 3rd & A rising to the 7/8th floor. https://imgur.com/uPuWMkJ.jpg |
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Thanks for the updates, ya'll. Does anyone know where we can get updates on upcoming downtown projects now that civic sd is gone? I checked the downtown community planners website, but nothing there. Are we going to have to start searching the city's website or something?
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Pacific Gateway
Hearing from Jason Hughes that Alan Gold (founder of BioMedRealty, which he sold to Blackstone for ~$8b) has a new venture, IQHQ that just went non-refundable on the southern 2/3rds of the leasehold at Pacific Gateway (see: https://hughesmarino.com/san-diego/b...own-san-diego/)
Jason speculates that someone like Alan Gold wouldn't make a big bet on life sciences space downtown (unproven) without a BIG name that wanted to occupy the space. Should be exciting to see |
Latest Updates: Boom times ahead for Downtown SD.
1. Holland Partner's Court Tower breaks ground very soon 2. Alexian Little Italy 36 story tower breaks ground in August 3. Pinnacle 2nd tower breaks ground in Oct. 4. 3rd and A tower is underway 5. Hotel tower on Cortez by 5th street will begin work in late summer Just a few weeks ago, I thought it was over, but apparently, the residential and hotel developers, especially from Texas are bullish on SD. The rental market is cooling off but not as much as expected since people from Northern California are moving into SD areas due to lower prices. |
Any rendering of the Hotel on Cortez hill Dirt Patch?
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Also saw that the crane for the affordable housing tower in east village by father joes villages is up
https://imgur.com/a/ObKUfte https://imgur.com/a/0BkwuQo |
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Just curious about where SD will build when there are no more lots to develop downtown? I know we got awhile but with SD’s height limit and limited space inside the downtown 5 freeway loop... Do u think towers will start spreading g south or north?? I have a feeling north towards bankers hill and hillcrest
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Does anybody know what's going up near St. Vincent de Paul on Imperial and 15th?
I'm hoping for a 40+ story megatall.:D |
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