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- - SAN DIEGO | Boom Rundown, Vol. 2 (https://skyscraperpage.com/forum/showthread.php?t=126473)

Benefactor steps in to help San Diego entice developers to remake downtown’s Civic Center

The Prebys Foundation is paying real estate consultant U3 Advisors to come up with a big-picture vision for six city-owned blocks in the heart of downtown

Union-Tribune
BY JENNIFER VAN GROVE
APRIL 2, 2024 5:30 AM PT
Link to Article

Quote:

A prominent philanthropic organization has cut a $303,000 check to hire an outside consultant to help San Diego sidestep repeat failure as it seeks to secure developer interest in remaking the city’s Civic Center real estate.

On Tuesday, the Prebys Foundation and the Downtown San Diego Partnership announced that they’ve hired Philadelphia-based real estate consulting and urban planning firm U3 Advisors to come up with a big-picture vision for the six downtown blocks that the city intends to once again market for sale or lease later this year.

Quote:

The effort brings back to the surface Mayor Todd Gloria’s push for a “once-in-a-generation” transformation of San Diego’s municipal core. The idea is to not only offload the city’s deteriorating buildings and underused land, but to find a private development team to create a new hub of activity and hundreds of homes in the city’s core. The land transaction would then help fund the construction or purchase of a brand-new City Hall facility to house the city’s downtown workforce.

Quote:

But the Civic Center Revitalization solicitation, as it was called, failed to attract developer interest, save for two parties interested in the Ash Street tower.

The lack of interest was due in part to California’s Surplus Land Act, which regulates how municipal agencies offload excess land and prioritizes the production of housing for low-income families. At a minimum, interested developers were required to set aside 25 percent of proposed units as affordable units, meaning deed-restricted for families making 80 percent or less of the area median income.

In recent weeks, the city has telegraphed its intent to try again.

The timing is contingent, however, on two key decisions. The city must first decide whether it wants to continue negotiating with the developer proposing to convert 101 Ash into apartments. It must also determine whether it wants to build an all-new City Hall complex or buy an existing property. The latter choice will see the city either retain the City Operations Building block at 1222 First Ave. for a future skyscraper or free up that land for sale or lease.

In the interim, U3 Advisors will craft creative concepts for the municipal blocks that retain their civic nature.

Does anyone here know if the Coronado Bridge Lighting Project is still alive? Have not heard a peep about it for awhile now.I know a lot of projects go dark for a bit before we hear they are a go so not sure if this one is still in a process.

SD kinda dead lately. Nothing going on, was hoping some news about a replacement developer for 7th/Market would pop up. Nothing about Padres developing that massive lot east of Petco and no ground breaking on that huge triangular shaped lot in Skid row that had a proposal on it. At least all the tent people are gone from that whole area has anyone else noticed that?

General Commentary: It has been nearly 6 years since the SDSU vs. Soccer City vote. If Soccer City had won would we see more than just a stadium sitting on that land. I figured that tons of housing and campus expansion space would be happening there by now. What do you guys think?

Quote:

Originally Posted by mello (Post 10196827)

I remember back in November an affordable housing project was approved for the SDSU Mission Valley site, but it is weird that there's still no update six months later. I also don't know what happened to the massive Riverwalk San Diego development up the road; no updates on the website since September, and no sign of work on the site in months. The first phase is supposed to be completed by 2025/2026 but they haven't even started vertical construction.

Also general commentary, why doesn't San Diego have its own proper P&C sub-forum like LA and Portland with dedicated threads for individual projects? Seems weird to only have a single thread for all of the numerous major construction projects happening in one of the country's largest cities.

Quote:

Originally Posted by Thatguyoverwhere (Post 10197435)

Also general commentary, why doesn't San Diego have its own proper P&C sub-forum like LA and Portland with dedicated threads for individual projects? Seems weird to only have a single thread for all of the numerous major construction projects happening in one of the country's largest cities.

Actually, LA doesn't do individual threads for individual projects either. They have three main threads, one for DTLA, one for metro LA, and one for Long Beach, and they all serve as a catch all for general discussion, proposals, and construction updates. There are a small handful of individual project threads for LA but no one really posts updates on them.

SF on the other hand does have multiple active threads for updates on individual projects. To a lesser extent, Oakland as well. Berkeley, San Jose, metro Bay Area, and Sacramento have just one general project thread each.

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