A Superior Court judge has signaled she intends to rule in favor of a government watchdog group that filed a lawsuit to block San Diego's sale of a parking lot near Petco Park to a development team led by the San Diego Padres.
The city sold the four-block site—a parking area known as Tailgate Park—in 2022 for $35.1M to Tailgate Development, a joint venture between Tishman Speyer and Padres Next Fifty, a partnership between the MLB franchise and real estate investment firm Ascendant Capital Partners.
The San Diego Padres have a 25% ownership stake in Tailgate Development, which is planning a massive mixed-use project called East Village Quarter on the 5.25-acre site.
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