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“Despite the fact that the City's and the Corporation's default (on payment obligations)..." Very nicely done. This city's geography is possibly the best in the world but the way this unique opportunity is continually squandered is equal parts frustrating and embarrassing. Assuming this is accurate, pay your effing bills, San Diego. |
Waste of land but don't think the council could do anything about it:
Televangelist's proposal for religious retreat in Mission Valley wins approval http://www.sandiegouniontribune.com/...017-story.html |
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Meanwhile, to demonstrate the ineptitude of the Council, they are trying to find ways to limit property rights (uhhh) against those who wish to rent out their homes (hence the whole AirBnB debacle). Obviously, the City is desperate for any revenue it can get its hands on. Maybe that's what you meant? http://www.sandiegouniontribune.com/...017-story.html http://www.sandiegouniontribune.com/...018-story.html |
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Eastdil issued an RFP for the Horton Plaza site to interested bidders. It suggests the site is completely redevelopable, as either retail, residential, office or hotel. 3.2 million square feet buildable. Horton Plaza's days may be numbered, arguably a very good thing.
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Horton Plaza (the “Property”) presents the unique opportunity to acquire one of Downtown San Diego’s most iconic assets with long-term redevelopment potential for up to ~3.2 million square feet of urban, mixed-use development. The Property is being offered unencumbered of existing debt to a select group of investors on an “As Is” basis. All inquiries should be directed to Eastdil Secured (“Exclusive Advisor”). INVESTMENT HIGHLIGHTS Landmark Acquisition Opportunity Opportunity to acquire one of San Diego’s most recognizable assets with significant potential for long-term redevelopment. Planned for up to ~3.2 Million Square Feet Zoning allows for up to ~3.2 million square feet of urban, mixed-use development with a variety of uses including (but not limited to) residential, office, and hospitality. Existing Shopping Mall Serves as Downtown San Diego’s Retail Hub The Property currently encompasses a 5-level retail shopping mall measuring ~732,000 square feet, and two adjacent parking structures totaling ~2,726 stalls. Irreplaceable Land Site Covering Nearly Six City Blocks Horton Plaza is situated on ~10 acres in the heart of Downtown San Diego immediately adjacent to the historic Gaslamp Quarter, San Diego’s core for shopping, dining, entertainment and hospitality. In-Place Cash Flow Provides an Attractive Covered-Land Opportunity Substantial in-place net operating income allows an investor near term cash flow while preparing for development, creating an attractive covered-land opportunity. PS The old courthouse RFP, I agree, is also going to be amazing. Some really neat ideas floating around, but most all include a very dense program, and engaging walk streets with pedestrian connection from little italy to Broadway. |
Gensler was designing the Horton Plaza renovation, apparently the renovations were too cost prohibitive so they scrapped the Mall Makeover idea, so that would clear the way for this recent Horton Plaza RFP.
I think it's great news--whatever stores that are left in the mall can relocate to vacant storefronts around gaslamp and create a better mix of commercial and retail businesses at the street level instead of letting the area be dominated by bars and restaurants. If the Block or whatever it is called (between C street and Broadway, 7th and 8th) ever starts construction, the end of Horton Plaza could actually allow C Street and Broadway to evolve into a more retail oriented corridor. Broadway and C street need a shot in the arm--Horton Plaza's closure might actually help those street fronts evolve. |
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I drove by that lot today and noticed it was fenced off. Last time I drove buy it, there was no fence. Then again, the California Theatre has been fenced off for over a year with no sign of construction, so who knows if it means anything. |
Skyline shot from out in the ocean (not mine, from Reddit):
https://i.redd.it/pd2zzg61i8tz.jpg We got a lot of gaps to fill! |
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Here's a notice from MTS about their project to build a trolley stop at the Courthouse:
https://www.sdmts.com/inside-mts-cur...uction-project It mentions that the Orange line will use the stop, but not the Blue Line. Then, here's an article from the SDUT that mentions a layover stations. Quote:
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I would guess it's one with two tracks where one trolley can wait while the other one comes in...kinda like how it is in the San Ysidro station
Do we have any renders of the station? |
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https://www.sdmts.com/inside-mts/new...thouse-trolley Not much to go on. |
Alibaba founder and owner of the San Diego Lacrosse team just bought 49% of the Brooklyn Nets with plans to buy a majority in 4 years:
http://www.sandiegouniontribune.com/...027-story.html |
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Could Nets move here? No. |
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