Pacifica Companies of San Diego plans to build the project on a 126-acre site, with up to three hotels of as many as six stories, restaurants, shops and 3,400 homes. The council voted 4-1 to approve the plan this week.
City officials believe the 5.8 million-sf Pacifica project could revitalize the long troubled Chula Vista waterfront. The San Diego Unified Port District controls a majority of the city's waterfront land and is working on a master plan for mostly commercial development nearby.
The area for Bayfront Village is called Midbayfront, an the area bounded by Interstate 5 to the east, Sweetwater Marsh National Wildlife Refuge to the north, the bay to the west and Lagoon Drive to the south.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.