Development of retail and other commercial elements is expected to accelerate next year at the 210-acre Millenia mixed-use community in Chula Vista, where apartments are currently under construction.
Officials of locally based Meridian Development, which is managing the project on behalf of property owner Stratford Land, said roads and most infrastructure are in place for the community’s first phase, with grading for the balance of the community scheduled to start by December.
Upcoming elements are expected to include a gateway shopping center, hotel, condominium neighborhoods, and mixed-used apartments. Millenia’s first apartment neighborhood, the 273-unit Pulse by Fairfield Residential, is nearing completion at Birch Avenue and Eastlake Parkway, with the first move-ins scheduled for this month.
Under construction just south of Pulse is Stylus Park, a 1.9-acre public park slated for completion this year. The urban-style park is set to open in 2017 and is one of six parks planned for Millenia.
Meridian Communities, the homebuilding arm of San Diego-based Meridian Development, has started site development on three attached residential condo neighborhoods in Millenia, designed by Woodley Architectural Group.
San Diego developer Sudberry Properties is set to start construction in mid-2016 on an 11-acre gateway retail center, directly south of Otay Ranch Town Center and adjacent to state Route 125. Trammell Crow Residential is currently seeking city entitlements for a 309-unit mixed-use apartment development, with construction tentatively slated to begin in April 2016.
Other upcoming elements include a new 135-room Ayres Hotel, expected to start construction by mid-2016; Shea Homes’ 176-unit development of townhomes and single-family homes, starting construction in the first quarter; and Chelsea Investment Corp.’s 210-unit affordable apartment community, also set to start in the first quarter.
Millenia was originally master-planned by San Diego’s Corky McMillin Cos., which was joined in 2011 by Stratford Land of Dallas as an equity partner. Stratford acquired majority interest in the project from McMillin earlier this year.
Ground was broken for the project in 2013. Developers have previously said Millenia will entail more than $4 billion in development by the time it is fully built out, with more than 3,000 homes, 2 million square feet of offices, 1.5 million square feet of retail, and numerous promenades and civic amenities.