Quote:
Originally Posted by SDfan
Looks like Ballpark Village is getting a unit increase (and a slight sqft decrease):
http://www.civicsd.com/meetings-and-...l-meeting.html
Original unit count: 622
New unit count: 720
Original sqft: 1,016,209
New sqft: 1,004,810
Whatever, that's over 100 more units. ![Big grin](images/smilies/biggrin.gif)
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I am not the biggest fan of this project. I think it is beautiful from the outside and love how tall the proposed tower is supposed to be (411ft), but the project was supposed to be a mix of condos and rentals and now will just be all rentals! The developer I feel pulled a fast one, never planned on having it condos and rentals and already has a plan to sell the complex to a leasing company. (I think the same company who leases Archstone, Brookestone, etc.)
Since the developer is adding 100 more units, each unit is going to be super small. The square footage of the tower did not increase (but amount of parking did decrease), just the amount of units. I heard because of that a lot of the units are losing the planned patios for juliet balconies because they need that square footage for more indoor space. Outdoor space is essential in SD, right?!?!?
I live in the East Village and I feel the whole neighborhood is turning into rentals. 13th and Market is brand new, 15th and Market just opened, Urbana is under construction, same with 688 lofts and of course the high-rise going up at 15th and Island. That is over 2500 new rentals and no new condos to sell. This city needs more condos yesterday, the inventory for sale is super low. Not sure what developers are waiting for?!?! It is not like you break ground and finish a high-rise in months. By the time Ballpark Village would be complete, I bet they would be close to 100% sold - especially because the last condo building finished was Bayside in 2009.
I am all for development and lots of it..as tall as you can build it with as many condos/apts you can get in there (including convention center expansion and downtown stadium), but not when it doesn't make sense. The developer created this amazingly beautiful project and then ruined it with 500sqft 1 bedrooms, 800sqft. 2 bedrooms and 1000sqft 3 bedrooms. Thats tiny!!! I think San Diego deserves better and that we shouldn't just build projects "because it is better than what is there."