CONSTRUCTION: Being Built on Former Motel Site
Santa Fe Christian Schools has started construction of a $22 million classroom building on the site of what was once a motel that drew celebrities attending the races in Del Mar.
Demolition Starts to Make Way for $200M Housing Development
Demolition has started on the former Palomar Health hospital in downtown Escondido to make way for a more than $200 million housing project by Integral Communities.
FINANCE: Massive Market Seen for This Income Range
Deborah Norwood Ruane, a former executive vice president of the San Diego Housing Commission, has started a new fund - Middlemarch Fund - to help develop middle class housing.
Tremendous Amount of Activity Across the Board
Industrial property was the golden child of commercial real estate as the COVID-19 pandemic took hold and dragged on and continues to thrive.
Design Build Institute Awards Three Local Projects
Three San Diego County projects have received awards from a national association of building professionals that includes architects, engineers, building owners, contractors and others associated with the construction industry.
New Leasing Activity Reached 374,590 Square Feet
San Diego’s retail real estate market is slowly recovering from the pandemic but some fear that the recovery might take longer than expected due to the latest surge in COVID cases.
DEVELOPMENT: Shore House Homes Celebrate History, Incredible Ocean Views
A pricey condominium project at the Hotel Del Coronado has been all but sold out a year before it’s even finished.
CONSTRUCTION: Epstein Donation Gives Boost to Amphitheater Project
Construction of a $67.9 million amphitheater that will be part of a new front door for UC San Diego got a boost with the recent donation of $10 million from Daniel and Phyllis Epstein.
REAL ESTATE: Guest House Helps Interiors Look Fresh and Modern
San Diego native Alex Ryden is bringing the home staging business that he started out of his house in Denver back to his hometown.
Interest Now Above Pre-COVID-19 Levels
San Diego’s office market is starting to show signs of a strong recovery to come after struggling through the COVID-19 pandemic.
Renovation Completed on Carlsbad Building
Thermo Fisher Scientific has completed renovating a 67,000 square foot building on its Carlsbad campus at 5791 Van Allen Way that will expand the company’s clinical and commercial capabilities for manufacturing plasmid DNA.
DEVELOPMENT: Company Building $80 Million Life Science Campus
Healthpeak Properties based in Irvine is building an $80 million life science campus in Torrey Pines - the company’s second ground-up construction project in Torrey Pines.
DEVELOPMENT: Bridgedeck Apartments in Normal Heights to Cost $80M
Plans for a Normal Heights affordable project have been expanded with the acquisition of more land for the project and a shot of preliminary funding.
TECH: Navy Veteran Seeing His Dream Come True
A Santee-based aerial drone company started by Navy veteran Scott Painter and his wife in their La Mesa home in 2014 has grown so rapidly that the company is looking to expand.
Demand for Life Science Space Reaches Record Levels
Demand for life science space is reaching record levels as venture capital money pours into the region.
Downtown Chula Vista Drawing Developer Interest
Downtown Chula Vista has gained a $14 million apartment project as the city’s drive to improve its core neighborhood is drawing developer interest.
Even with Some Buyer Fatigue, Prices Still Rising and Multiple Offers Commonplace
Buyer fatigue has hit San Diego’s real estate market as some people are taking a break after making offers on several homes to no avail, according to several real estate agents.
PROPERTY: Health Food Supplement Co. Signs $25M Lease
A Carlsbad company that makes mushroom powder as a health food supplement is moving to a Vista industrial and office building, where it signed a $25 million lease.
Normal Heights Project Draws Both Design Praise, Criticism
A Normal Heights apartment project has drawn praise and criticism for its distinctive design and appearance.
REAL ESTATE: Co. Uses AI to Give Buyers More Details in Home Searches
A former San Diego aerospace engineer has formed a technology-based real estate company that uses artificial intelligence with a goal of revolutionizing the way people search for houses online.