Titan Development, Malick Infill Development and Thornburg Real Estate Ventures have formed a joint venture to develop a 94-unit boutique apartment community in San Diego. The project marks Titan's foray into the market.

The 53,805-square-foot property is located on the corner of El Cajon Boulevard and Oregon Street in North Park near the North Park Water Tower and Community Park, which has tennis courts, soccer fields, a softball field, basketball courts, and picnic areas for residents and other members of the community. The surrounding area has a 94 walk score with close proximity to restaurants, bars, breweries, farmers markets and coffee shops. The property itself will also offer residents communal space on the top floor with views of the city and the Laguna Mountain range.

San Diego has had limited new apartment development for the last several years with a pipeline that has not kept up with demand, particularly in highly sought after neighborhoods like North Park. The limited new construction is largely an effect of limited land availability for new development.