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MCAS Miramar airspace diagram MCAS Miramar Accident Potential Zones |
Big Things coming for Bankers Hill!
I toured 525 Olive the other day. Amazing building and views. Better be for $6200 2 bedrooms. Anyway while looking at the view to the North in a 19th floor unit the leasing agent said Greystar is going to do another building maybe a bit taller than 525 Olive at 6th and Quince where the Donna Jean and Evolution restaurants are. I asked if it was a go and he said Greystar doesn't mess around and it will break ground soon.
He then said 6th and Upas which is already being demolished and digging starting will be 15 to 17 floors :cheers: So some more great height coming to that strip. I'm surprised we haven't heard about the big tower at 6th and Quince. |
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The Union-Tribune just posted a rendering of the proposed Topgolf driving range next to Harbor Island/SAN.
https://ca-times.brightspotcdn.com/d...aerialview.jpg Topgolf, Port of San Diego near agreement on lease terms for flagship venue on San Diego Bay JENNIFER VAN GROVE DEC. 1, 2023 Link to article Quote:
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I like the idea of entertainment/recreation activities at the waterfront, and I know it would be popular amongst the convention/business crowd. But it kind of walls off the bay in a way I'm not a fan of. |
That is absolutely disgusting.
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Nets aren't walls and it it'll bring more people to the bay. Harbor Island is dead anyway. Your looking at it from a birds eye view. Those nets don't block a view. No one driving on Harbor can see the water. Harbor dr is non stop airport traffic anyway.
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Here's their original proposal: https://media.nbcsandiego.com/2022/0...5&h=661&crop=1 So, two midrise hotels plus the Topgolf facility. When the Port showed some hesitation, Topgolf agreed to move the facility back (so that there would be midrise hotels on either side of it), and then agreed to lease terms that would have them demolish their facility and replace it with a hotel after 30 years. Plus they agreed to pay something like $2 million a year in rent, which will pretty much pay for that fancy park on the east side of Liberator Way. |
That looks gross, but I know the port needs new revenue sources, so I get it.
Anyone tracking NAVWAR redevelopment? I believe their preferred proposal will be announced this month or soon. Also, any fun projects folks are aware of or tracking? I found this interesting fantasy project in National City the other day: https://theregistrysocal.com/1-44-ac...sted-for-19mm/ |
Looks like the SDSU Stadium in Mission Valley is finally getting some neighbors.
https://newscenter.sdsu.edu/sdsu_new...aspx?sid=79387 |
It has been years since the vote on the SDSU expansion happened and they haven't finished all those parks they promised or built anything but the stadium. Meanwhile UCSD is exploding with cranes and towers looking like a whole new city is being built.... SDSU is a joke.
2024 is almost here and ground hasn't been broken on Manchesters Fairmount Hotel in the bay, anyone heard what the deal is with this project? |
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But the tourism market is still a bit shaky in SD, plus higher interest rates, means people aren't quite as eager to start groundbreaking new hotels. Still moving forward I think, just a bit slow. |
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I wonder how Manchester managed to lose money during Covid most wealthy people did great with all the trillions the Fed pumped in to the system that boosted their stock and property portfolios? Also can you elaborate on the tourism market being shaky? I thought San Diego is kind the go to West Coast destination for many Americans as the image of LA and Bay Area is terrible with crime, homeless, traffic, dirty etc.
Biotech has been booming and now with Israel and Ukraine the War Machine economy is surely humming on all cylinders in SD County so business travel should be solid. |
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But hotel occupancy has remained a bit below pre-pandemic levels. One of the unique things about the San Diego tourist market is that it's much more local than many other areas. San Diego pulls in a great number of people from LA, Las Vegas, and Phoenix, people who drive in for a weekend stay before going home. That was a lifesaver during COVID, with air travel largely shut down San Diego was one of the only places in the country still hosting any sort of tourism, and its lead to a much more rapid recovery overall. But that masks somewhat more difficult situation international travelers and people from the East Coast, who really support the weekday hotel market. This is true pretty much everywhere in CA rn atm. But, good news is this has been a very good year and we've all but recovered. It's just taking a bit of time, and with the overall difficult situation with financing atm it hasn't been encouraging anyone to beat down the doors for new hotel developments. |
Citizen M Hotel-7th and Market
I drove by yesterday and noticed that they have installed the green construction fencing around the site and 7th and Market and that some trucks were onsite. Looks like this one is about to start.
https://www.sandiegouniontribune.com...d-ritz-carlton |
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San Diego’s Midway District can get taller after judge rejects latest lawsuit
https://www.sandiegouniontribune.com...-final-lawsuit Midway Rising’s sports arena project evolves with start of environmental review process https://www.sandiegouniontribune.com...review-process |
Well this is interesting, tower component to Campus at Horton is incoming.
Stockdale Adds Residential to Campus at Horton MXU https://www.connectcre.com/wp-conten...l-Partners.jpg Quote:
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