Downtown
UTC Area
Mission Valley
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Roosting Downtown are a record amount of cranes. Although they silhouette the skyline, these machines won’t be flying off anytime soon. They are, however, soaring to construct dozens of new residential housing projects to accommodate the rising demand for urban living. Interspersed within this comprehensive collection of urban housing projects is a peek at leading developers who have made a nest in Downtown. Homes For Sale: Bella Via. Available: February 2004. The 100 condos at 1608 India St. are priced from the $300,000s. The developer is Bella Via Associates and the builder is Roel Construction. For more info, call (619) 235-0009. Children’s Museum Tower. Available: July 2005. The 198 condos on the full block bounded by Island, Market, Front and Union are priced from the $300,000s to $5.25 million. The developer is Pinnacle Development/ Children’s Museum. For more info, call (604) 602-7747, e-mail anson@anson-realty.com or click on pinnaclepride.com. CityFront Terrace. Opened: 1993 as rentals; sales started in 1999. The 320 town homes, tower residences and loft-style residences at 500 W. Harbor Dr. are priced from the mid-$300,000 to more than $1 million. The developer is Michael Kriozere, the owner Crescent Heights and the builder Koll Construction Co. For more info, call (619) 233-2700 or click on cityfrontcondos.com. CityMark on Cortez Hill. Opened: July 2002. The 16 condos at 1523 Ninth Ave., which are sold out, were priced from $350,000 to $550,000. The developer is CityMark Development. For more info, call (619) 238-3662 or click on citymarkdev.com. CityMark Tenth & Market. Available: September 2005. The developer of the 231 condos on the block bounded by 10th, 11th, Market and Island is CityMark Development. For more info, call (619) 238-3662. City Walk. Opened: December 2002. The 109 condos on the block bounded by State, G, Union and Market are priced from the $400,000s to the $600,000s. The developer is The Olson Co. For more info, call (619) 702-6060. Columbia Street Lofts. Available: December 2004. The six condos, located at 1836 Columbia St., are priced from $500,000 to $750,000. The developer is Columbia Street Lofts LLC. For more info, call Gene Magre at (858) 756-5714. Discovery at Cortez Hill. Opened: June 2002. The 199 condos at 850 Beech St. between Eighth and Ninth are priced from $289,000 to $655,000. The developer and builder is Bosa Development California. For more info, call (619) 239-2339, e-mail sales@bosadev.com or click on discoverysandiego.com. Doma Lofts and Towns. Available: May 2003. The 124 condos located at Kettner Boulevard between Date and Fir are priced from $324,900 to $688,900. The developer is CityMark Development. For more info, call (619) 238-3662. The Grande at Santa Fe Place. Available: South tower, October 2004; North tower, November 2005. The 444 condos located in the area bordered by Pacific Highway, A and C streets and the railroad tracks are priced from the high $300,000s to $2 million. The developer and builder is Bosa Development California Inc. For more info, call (619) 239-2339, e-mail sales@bosadev.com or click on thegrandesandiego.com. Hawthorn Place. Available: May 2003. The 35 condos are located on the southwest corner of India and Hawthorn. The developer is Phillip Boczanowski. For more info, call (858) 755-6700 or click on hawthornplace.com. Horizons. Opened May 2001. The 211 units comprising two buildings at 555 Front St. and 510 First Ave. are priced from $499,000 to $1.35 million. The developer and builder is Bosa Development California Inc. For more info, call (619) 239-2339, e-mail sales@bosadev.com or click on horizonssandiego.com. La Vita. Available: December 2004. The 304 condos on the block bounded by Beech, State, Cedar and Union are priced from $230,000 to $800,000. The developer is Lennar Communities/Intergulf Development and the builder is PCL Construction. For more info, call (949) 598-8500 or click on lennarcommunities.com. Lofts on Fifth. Available: September 2004. The 24 condos are located at 1446 Fifth Ave. The developer is Fifth Avenue Lofts Inc./John Scafani Properties and the builder is Taylor Ball. For more info, call (619) 229-2420. Lofts on Fourth. Available: June 2005. The 49 condos are located at 1453 Fourth Ave. between Beech and Ash streets. The developer is Fifth Avenue Lofts Inc./John Scafani. For more info, call (619) 229-2420. Millennium 3. Opened: Now. The four condos are located on the east side of Ninth between Beech and Cedar. The developer is Millennium 3 Ninth Avenue. Omni Hotel. Available: April 2004. The 37 condos atop a 512-room hotel are located on the southeast corner of Seventh and L. Prices begin at $1.1 million. The developer is Burnham Development Group. For more info, call (858) 350-4800. Pacific Terrace. Available: July 2003. The 53 condos on the north side of J between Third and Fourth are priced from the high $300,000s to the mid $400,000s. The developer is Pacific Terrace Development LLC (Intracorp) and the builder is K Street Construction. For more info, call (619) 702-2354. Park Boulevard (West and East). Available: West building, May 2004; East building, November 2004. The 117 condos in the west building and the 104 condos in the east building on 12th between Market and Island are priced from the $300,000s. The developer is Western Pacific Housing. For more info, call (619) 239-6494 or click on westernpacifichousing.com. Park Laurel. Available: Tower I, summer 2003; Tower II, late 2004. The 94 units on the block bounded by Sixth, Fifth, Laurel and Maple are priced from $800,000 to $3 million. The developer is Park Laurel Investors and the builder is Nielsen Dillingham Builders. For more info, call (619) 234-6585 or click on parklaurel.net. Parkloft (Phase I). Opened: September 2002. The 120 condos at 877 Island Ave. are priced from $350,000 to more than $1 million. The developer is Douglas Wilson Cos. and the builder is Hensel Phelps. For more info, call (619) 230-1705, e-mail poconnell@parkloft.com or click on parkloft.com. Park Place. Available: March 2003. The 178 condos on the northwest corner of Harbor Drive and Kettner Boulevard are priced from $385,000 to $5.25 million. The developer and builder is Bosa Development. For more info, call (619) 239-2339 or click on parkplacesandiego.com. Porto Siena. Opened: July 2002. The 88 condos on the northeast corner of India and Cedar are priced from the high $200,000s to the mid $400,000s. The developer is Porto Siena LLC (Intracorp) and the builder is K Street Construction. For more info, call (619) 702-2354. Renaissance. Opened: First tower, August 2002; second tower, April 2003. The 221 condos on the block bounded by First, Front, Market and G are priced from $300,000 to $2.7 million. The developer is Lambert Development Co. and the builder is Roel. For more info, call (619) 702-7300 or click on renaissance-sandiego.com. Rowhomes on F. Opened: February 2002. The 17 units on the north side of F Street between 10th and 11th avenues are priced from the high $200,000s. The developer is Sebastian & deFreitas. For more info, call (760) 742-4561. Soleil Court. Opened: April 2002. The four condos on the east side of Ninth between Beech and Cedar are priced from $469,000 to $699,000. The developer is Soleil Court Ninth Avenue and the builder is Jim Kelley-Markham. For more info, call (619) 725-4426. Trellis Fifth Avenue. Available: December 2004. The 149 condos on K Street between Fifth and Sixth are priced from the low $200,000s to the mid $500,000s. The developer is Fifth Avenue Condos LLC (Intracorp) and the builder is Ledcor San Diego. For more info, call (619) 702-2354 or click on fifthavenuecondos.com. Treo@Kettner. Opened: January 2003. The 326 condos on the block bounded by Kettner, A, B and India are priced from the high $200,000s to the mid $600,000s and $1.7 million for the penthouse unit. The developer is Intergulf, Vancouver, B.C. and the builder is Sundt Construction/Intergulf. For more info, call (619) 234-8736 or click on intergulf.com. Union Square. Available: September 2004. The 262 condos at 14th and Broadway are priced from the $200,000s to $400,000. The developer is Western Pacific Development. For more info, call (619) 239-6494. Victorian House Condominiums. Available: April 2003. The eight units are located at 1632 Union St. The developer is Sferra-Carini. For more info, call (858) 550-0619. Homes For Rent: Allegro Tower. Available: April 2005. The 200 apartments at Kettner Boulevard between Ash and Beech are priced between $1150 and $2,900 per month. The developer is Leo Frey and the builder is DPR Construction. For more info, call (702) 732-7794. Acqua Vista. Available: August 2004. The 390 apartments on the block bounded by State, Ash, Columbia and Beech are priced between $1,200 and $6,500 per month. The developer is Watt Commercial Properties and the builder is Highland/Sundt. For more info, call (310) 314-2430 or click on wattcommercial.com. Avalon at Cortez Hill. Built in 1974; renovation completed June 2001. The 294 units located at 1399 Ninth Ave. are priced between $815 and $2,270 per month. The developer, builder and renovator is Avalon Bay Communities. For more info, call (888) 212-6248, e-mail cortezhill@avalonmail.com or click on avaloncommunities.com. Avion. Available March 2005. The 48 apartments are located on the southwest corner of Market and 15th. The developer is Doug Austin. Billboard Lofts. Available: May 2004. The 24 apartments are located at Union and Ash. The developer is Sebastian Mariscal. Broadway@Kettner. Available September 2005. The 10 apartments, attached to office space, are located on the southeast corner of Broadway and Kettner. The developer is Lankford & Associates. For more info, click on lankfordandassociates.com. Broadway Lofts. Available: December 2003. The 73 apartments on the northeast corner of Fifth and Broadway are not yet priced. The developer is Watt Commercial. For more info, call (310) 314-2430 or click on wattcommercial.com. Camden Tuscany. Opened: January 2003. The 163 apartments, located on Kettner Boulevard between Cedar and Date, are priced between $1,200 and $2,500 per month. The developer and builder is Camden Development. For more info, call (619) 255-4000 or click on camdenliving.com. Columbia Lofts. Opened: February 2001. The 21 apartments at 1805 Columbia St. are priced between $1,295 and $1,999 per month. The developer is Moe Siry and the builder is Siry Investments. For more information, call (619) 255-0526. Cortez Hill Family Center. Opened: First phase, December 2002; second phase, March 2004. The 45 units at 1449 Ninth Ave. are open to homeless families. The developer is City of San Diego and the builder is Rehab, Phillips National. New construction is to be determined. For more info, call (619) 533-5420. Entrada. Available: December 2004. The 177 apartments on Island between 13th and 14th are priced between $700 and $1,200 per month. The developer is SAS/Southland Downtown. For more info, call Shawn Schraeger at (858) 792-3570. Essex Lofts. Opened: September 2002. The 36 apartments at 1910 State St. are priced between $800 and $2,200 per month. The developer and builder is Ted Smith and Lloyd Russell. For more info, call (619) 233-1867. Gaslamp Square. Available: July 2004. The 208 luxury units are located on the block bounded by Fifth, Sixth, Island and J. The developer is Champion Development Group. For more info, call (310) 312-8020. Hawthorn Townhomes. Opened: August 2000. The seven town homes located at 319 W. Hawthorn are priced between $1,595 and $1,975 per month. The developer is Moe Siry and the builder is Siry Investments. For more info, call (619) 255-0526. The Heritage. Opened: September 2002. The 230 apartments at 1471 Eighth Ave. are priced between $1,175 and $1,950 per month. The developer and builder is Forest City Residential West. For more info, call (619) 239-0064. Island Village Living Units. Available: August 2003. The 280 furnished studios on the block bounded by Market, 12th, Island and 13th are priced between $497 and $597 per month. The developer is Barone Galasso and Associates. For more info, call (619) 232-2100 or click on islandvillageapts.com. Laurel Bay Apartments. Available: April 2003. The 150 units are located at Fourth, Fifth, Laurel and Kalmia. The developer is Simpson Housing Limited Partnership and the builder is GWC Contractors. For more info, click on laurelbayapartments.com. Les Lofts. Available: December 2003. The 10 apartments, located at 744 Seventh Ave., are not yet priced. The developer is Amos Shechtman. For more info, call (619) 296-1262. Market Square Manor. Available: August 2003. The 200 units for very low-income seniors located at 525 14th St. average $350 per month. The developers are Chelsea Investment Corp. and Senior Community Centers of San Diego and the builder is Wermers. For more info, e-mail paul.downey@servingseniors.org or click on servingseniors.org. The Mills at Cortez Hill. Available: November 2003. The 133 apartments on the block bounded by Sixth, Seventh and Cedar are not yet priced. The developer is Skandia Real Estate Group. For more info, call (858) 350-0353 or click on skandiarealestate.com. 900 F Street Apartments. Opened: May 2002. The 115 units, 86 of which are restricted to low income, are located on Ninth between E and F. The developer is 900 F Street Partners. For more info, call Protea Holdings at (858) 457-5593. Northblock Lofts. Available: March 2004. The 97 apartments on F between Sixth and Seventh are not yet priced. The developer is OliverMcMillan and the builder is Taylor Ball. For more info, call (619) 321-1111 or click on olivermcmillan.com. On Broadway. Opened: January 2003. The 33 loft units at 402 Broadway and 1014 Fifth Ave. are priced around $1,200 per month. The developer is CIM Group and the builder is Swinerton Builders. For more info, call (323) 860-4900 or click on cimgroup.com. 101 Market. Opened: May 2002. The 149 apartments at 101 Market St. are priced between $1,180 and $2,700. The developer is MGI/SAS Downtown Marina LLC and the builder is Lusardi Construction. For more info, call (619) 557-8335. Palermo. Available: May 2004. The 225 units on the full block bounded by First, Front, Beech and Cedar are priced between $1,200 and $2,100 per month. The developers are Barone Galasso and Associates Inc. and Essex Property Trust. For more info, call (619) 232-2100. Pipitone Building. Available: June 2003. The 12 apartments are located at 822 Sixth Ave. The developer is Michael Mihos. For more info, call (619) 239-3049. Porta d’Italia Appartamenti. Available: January 2004. The 200 units located at Grape between India and Columbia are not yet priced. The developer is Sandcor Harborside LLC. For more info, call (619) 544-6964. Portico Apartments. Available: July 2004. The 84 units on the northeast corner of Ash and India are not yet priced. The developer is Sandcor Harborside LLC (Intracorp). For more info, call (619) 544-6964. Second Avenue Apartments. Opened: March 2002. The 24 units at 1525 Second Ave. are priced between $895 and $1,695. The developer is Moe Siry and the builder is Siry Investments. For more info, call (619) 255-0526. Six@529. Available: March 2004. The six apartments are located at 529 13th St. The developer is Mark Rhodes. For more info, call (619) 295-9468. Titan. Available: August 2003. The 21 apartments are located on the west side of State between Fir and Grape. The developer is Jonathan Segal. For more info, call (619) 696-8890. Village Hotel. Available: December 2003. The 41 SROs on 15th Street between J and K are priced between $140 and $160 per week. The developer is Bell Hotel LLC. For more info, call (858) 450-6800. Villa Harvey Mandel Apartments. Available: August 2003. The 90 low-income units on the south side of Imperial between 16th and 17th are priced between $300 and $500 per month. The developer is Father Joe’s Villages and the builder is Sundt Corp. For more info, call (619) 687-1000. Villa Renata. Available: May 2004. The 12 apartments at 2041 Columbia St. are not yet priced. The developer is JDB Properties. For more info, call (619) 239-2449. YMCA. Opened: October 2002. The 260 SRO units, 52 of which are income restricted, are located at 500 W. Broadway between India and Columbia. They are priced at $597 per month for restricted rooms, while other rooms are $45 a day and $175 per week. The developer is Barone Galasso & Associates and the builder is Taylor Ball. For more info, call (619) 234-5252. For Sale And Rental Units Expected to Start Construction By 2004: Bella Mar. The 35 condos on the southwest corner of India and Hawthorn are pending application for submittal. The developer is Phillip Boczanowski. Bosa Santa Fe. The 240 condos on the southeast corner of Ash and Pacific Highway are in the preliminary design stage. The developer is Bosa Development. For more info, call (619) 239-2339, e-mail sales@bosadev.com or click on discoverysandiego.com. Catholic Charities Mixed Use. The 24 apartments at 9th and F will be available for rent in September 2004. The developer is Catholic Charities. Columbo Ventures. The 10 apartments at 1918 Columbia St. will be available for rent in June 2004. The developer is Columbo Venture LLC. Cortez Park Lofts. The 179 apartments on Date between 8th and 9th will be available for rent in July 2004. The developer is OliverMcMillan. For more info, call (619) 321-1111 or click on olivermcmillan.com. Diamond Terrace. The 112 condos at the corner of Ninth Avenue and J Street are expected to be completed by December 2004. The developer is Intracorp. For more info, call (619) 702-2354. 8th & Ash. The 57 condos at Eighth and Ash will be available for sale in September 2005. The developer is FMA Development. For more info, call (408) 448-9246. G Lofts West & East. The 301 apartments for rent will be located on G between Seventh and Eighth and 10th and 11th. The west building will be completed April 2004 and the east building will be completed December 2004. The developer is OliverMcMillan. For more info, call (619) 321-1111 or click on olivermcmillan.com. India/A Condos. The residential condos on the southeast corner of India and A are in the preliminary design stage. The developer is Jalmar Development. Island Court. The 400-500 apartments on Market between Ninth and 11th will be available for rent in December 2004. The developer is East Village Developers (JMI/Stone). For more info, call (619) 525-2632. Kettner and Cedar Condos. A 17-story condominium tower, with 138 units, has been proposed for construction at Kettner Boulevard and Cedar Street. The tower, with parking garage, is expected to be completed by summer of 2006. The developer will be Lambert Development. Market Street Lofts. The 34 apartments on the northeast corner of Market and Seventh are in the preliminary design stage. They are expected to be available for purchase in December 2004. Oliver McMillan is the developer. For more info, call (619) 321-1111 or click on olivermcmillan.com. Neuhaus Ateliers. The 17 apartments, which will be located on the west side of 11th between F and G, will be available for rent in March 2004. The developer in Graham Downes. For more info, call (619) 234-2565 or click on blokhaus.com. Ninth/Broadway Housing. The 398 units, restricted to low-income families, are located on the southeast corner of Broadway and Ninth. They are expected to be available September 2004. The developer is Bud Fisher. Parkloft (Phase II). The 180 condos on the block bounded by Market, Island, Eighth and Ninth, developed by Douglas Wilson Cos., are in the preliminary design stage. For more info, call (619) 230-1705, e-mail poconnell@park-loft.com or click on parkloft.com. P1 Residential. The residential units are located on the southeast corner of Island and 10th. The developer is CCDC. For more info, click on ccdc.com. Residential Hi-Rises on Pacific Highway. The 271 condos on the east side of Pacific Highway between E and F will be available to purchase in July 2006. The developer is Bosa Development. For more info, call (619) 239-2339, e-mail sales@bosadev.com or click on discoverysandiego.com. Sixth/Market Condominiums. The 170 units on the south side of Market between Sixth and Seventh are in the preliminary design stage. The developer is Blumenthal. Smart Corner. The 300 condos on the block bounded by Broadway, C, 11th and 12th will be completed June 2005. The developer is Lankford & Associates. For more info, click on lankfordandassociates.com. Southblock Lofts. The 62 apartments on the southeast corner of Sixth and G will be available for rent in December 2004. The developer is Oliver McMillan. For more info, call (619) 321-1111 or click on olivermcmillan.com. 10th/G Haus. The 42 apartments at 10th and G will be available for rent April 2004. The developer is Graham Downes. For more info, call (619) 234-2565 or click on blokhaus.com. 13th/Market Residential. The affordable condos are located on the southeast corner of 13th and Market. The developer is CCDC. For more info, click on ccdc.com. — Compiled by Katherine Lyon |
This Generation’s Urban
Site work has begun at The Grande along Pacific Highway, where two towers are planned. The first 39-story tower will have 221 units. Construction began in April 2002 with completion of the first tower expected in fall 2004 and the second tower’s 223 units in fall 2005. Construction on a fifth two-tower project with 250 to 270 units planned, three blocks to the south between E and F streets, could start in 2005. More projects may follow, including one on C Street in the commercial district and another behind the ballpark’s outfield wall. Bosa can be reached at (619) 239-2339 or online at www.bosadev.com. More Than A Ballpark Builder
Also under its control in the district is Island Village, a four city block residential project including one full block of 280 affordable rental units, a one-block transit-oriented condominium project adjacent to the MTDB Trolley Station and two blocks of high-rise condominium towers. Island Village projects include an as yet unnamed 230-unit, seven-story condominium project to be built by CityMark between 10th and 11th avenues where construction will start in December 2003; Park Avenue West by Western Pacific Housing; and Island Village Apartments, a Barone Galasso & Associates effort that includes 280 studio apartments, 5,000 square feet of retail space and the Palm Hotel. Construction began in February 2002 and will be complete in May 2003. Information is available at www.jmirealty.com. Another Canadian With Intergulf’s 1999 introduction into the San Diego market was the second foothold in San Diego by a Canadian developer. Headed by Nahib Faris, Intergulf’s inaugural project was Treo@Kettner, a 26-story, 326-unit condominium project that includes street-level row homes, 2,000 square feet of retail space and four levels of parking on Kettner Boulevard bounded by A, B and India streets. Completion is anticipated early in the second quarter. Intergulf recently broke ground on LaVita, a 304-unit condo project that includes three-story townhouse buildings, eight-story mid-rise towers and a 24-story tower. La Vita is on the block bounded by Beech, State, Cedar and Union streets. Completion is slated for December 2004. San Diego is Intergulf’s first venture in the United States. Information on Intergulf can be found at www.intergulf.com or by calling (619) 234-8736. Suburban Giant Starts Headed by Lance Waite, Western Pacific Housing has worked the San Diego residential market for about six years. Last year it was absorbed by DR Horton, which also absorbed Continental and Shuler Homes. Together, the combined company is the largest suburban home builder year to date in San Diego County. In Downtown, Western Pacific is working on two projects with an additional two in the planning stages. The 263-unit Union Square, located at 14th and Broadway, broke ground in February and is scheduled to finish in the fall of 2004. Just starting is Park Boulevard West, 117-units on the block bounded by Market Street, 11th, 12th and Island avenues. Completion is anticipated in summer 2004. In planning are Park Boulevard East, 104 condos, and a yet unnamed project near the Symphony Towers. For information, call (619) 239-6494 or visit www.westernpacifichousing.com Walking In Then Walking On Seal Beach-based The Olson Co. opened its San Diego office four years ago and in 1999, broke ground on its first Downtown project, Village Walk. Located on India Street between Beech and Cedar streets in Little Italy, the half-block development sold all of its 72 residences. The second project, City Walk, a $40-million, 109-unit condo at Market, State, Union and G streets in the Marina district, broke ground in summer 2001. Residents are moving in and completion is slated for this month. Headed by Stephen E. Olson, chairman, and Mark Buckland, president, The Olson Co. is finished in Downtown and turning its attention to central San Diego, South County and North County. Call (858) 453-7181 or visit www.theolsonco.com for more. Building Big While Lankford and Associates has a small residential component — eight or 16 units — planned for its $150-million, 23-story office tower expected to break ground in the first quarter at 655 W. Broadway. The company, founded and run by Rob Lankford, also is developing Smart Corner, a $90-million, mixed-use, transit-oriented project that will include a residential tower where the trolley lines swing from C Street down 12th Avenue. The 300 small units planned likely will be Downtown’s most affordable condos. Groundbreaking is slated for spring 2003 with completion in early 2005. Visit www.lankfordandassociates.com for details. Expanding The
Headed by President Mike Levesque, Greystone’s San Diego headquarters are in Carlsbad. Call (619) 296-3299 or visit www.greystonehomes.com/sandiego. A Museum On The Block Pinnacle Properties, headquartered in Vancouver, Canada, is building the Pinnacle Museum Tower and a portion of the Children’s Museum. The tower, at Market and Front streets, is 36 stories and consists of 182 units ranging in size from 700 square feet to 3,000 square feet. Units began selling in June 2002. Construction begins within the next 60 days with completion planned in December 2004. This is Pinnacle’s first San Diego project and the only one planned to date. Michael De Cotiis is Pinnacle’s CEO. For information, call (619) 231-2005 or visit www.pinnacleresidences.com. Ballpark Pioneer In the 1980s, Doug Wilson became known to San Diegans as one of the developers in the building of Symphony Towers, one of Downtown’s premier office buildings. Today, he’s known for Parkloft, a luxury loft midrise. The 120-unit for-sale project had the distinction in September of being the first residential project to open in the Ballpark District, on Island Avenue across the street from the ballpark. Now, Wilson’s Douglas Wilson Cos. Inc. is working on the second phase next door to Parkloft. For more information, call (619) 641-1141 or click on www.douglaswilson.com. One, Two, Maybe Even 10 In 1999, Intracorp LLC broke ground on its first project in San Diego at 235 Market in Downtown. Based in San Diego, Intracorp is headed by Keith Fernandez, president and CEO. Intracorp is building Pacific Terrace, a 53-unit condo project on the north side of J Street between Third and Fourth avenues. Completion is planned for July.
Taking reservations is Trellis Fifth Avenue, a 149-unit project at Fifth and K streets. Ground breaking is planned in April with completion in December 2004. In the planning stages is Diamond Terrace, slated for a 20,000-square-foot lot at the northeast corner of Ninth Avenue and J Street. Reservations for this 112-unit condo project opens in February or March with completion planned for December 2004. Another five, maybe six, projects are in the works. Intracorp can be reached at (619) 702-0330. Moving On To Project No. 2 Lambert Development, run by Henry Lambert and headquartered in New York City, opened a San Diego office in 1999. Its biggest project is Renaissance, a $150 million condo with 221 residential units in two 22-story towers. Located on the block bounded by First Avenue and Front, Market and G streets, construction of the first tower is complete, with the second opening in April. Also developed by Lambert is Bella Via, planned for the 15,000-square-foot parcel at the northwest corner of India and Cedar streets. This mixed-use development will consist of about 100 units with 5,000 square feet of street-level retail and 61 parking spaces. Completion is targeted for February 2004. Contact Lambert Development at (619) 702-7300 or click on www.renaissancesandiego.com.
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Since its 1998 arrival in San Diego, Vancouver-based Bosa Development has led the field in remaking Downtown’s skyline with condominium towers. Its first project, the twin-towered, 211-unit Horizons, opened in 2001. Led by Nat Bosa, the company quickly turned out Discovery at Cortez Hill, 199 units that opened in June, and has a third, Park Place, rising on Harbor Drive with only a few of the 178 units still available as the May opening date approaches.
Best known for the new Padres ballpark under construction, as the master developer for the ballpark district JMI Realty also is heavily focused on residential, both in stimulating its construction and building some itself. Controlled by Padres owner John Moores, the company is building 37 luxury condos atop the 32-story, 512-room Omni Hotel project adjacent to the ballpark. The $165 million project will open in April 2004.
Getting a taste of the urban market just outside the edge of Downtown is Greystone Homes, which is building Terracina, a 60-unit, $30 million project at Spruce and Ibis streets. The Uptown project broke ground in July 2002, and completion is slated for the middle of this year. The company also is building an urban project, the Esplanade, as part of the Spectrum Center redevelopment of the huge General Dynamics industrial site in Kearny Mesa.