The entities redeveloping San Diego's 48-acre sports arena project in the Midway District has revised its plans to drop 250 residential units for middle-income families and a 200-room hotel from the project.
The revisions were revealed this week by the city's real estate department, which attributed the changes to infrastructure and financing complications, according to a report in the San Diego Union-Tribune.
The project, known as Midway Rising, is expected to have 4,250 residential units, a new 16K-seat arena, 250K SF of commercial space, and 20 acres of parks and plazas.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
*May exclude premium content© 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.
