The Board of Port Commissioners has extended for three years the entitlement phase of an exclusive negotiating agreement (ENA) with the developer of the $3.8B Seaport San Diego project.
The developer, 1HWY1—who was selected in a competitive bidding process in 2016—now will have until Oct. 1, 2027, to secure necessary government approvals and raise capital for the massive mixed-use redevelopment of the Central Embarcadero bayfront.
At this week's meeting of the commissioners, the board unanimously adopted the recommendation of a staff report to extend the timeframe of the ENA, the San Diego Union-Tribune reported.
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