Developers and Investors Proposed Mixed-use Project in Eastgate Mall Area

SAN DIEGO-City leaders have approved plans for the La Jolla Commons, a mixed-use project in the city’s very active Eastgate Mall area.

The project, the latest in a series of office, research park and multifamily transactions in the sector near the San Diego/La Jolla border, would include a hotel, office tower, condominiums and R&D space, along with a large parking structure.

Developers of the project, including Polygon Development Inc. of Bow, WA and local partnership Regents Drive LLC, plan to build a 20-story, 450,000-square-foot office tower; a 325-room, 15-story Ritz-Carlton hotel and an upscale condo building of up to 30 stories. The condos would be sized at up to 5,000 sf and include up to six bedrooms.