SAN DIEGO-Groundbreaking may soon be on the horizon for the Marriott Renaissance Hotel project, as Centre City Development Corp.'s board of directors has recommended approval of the proposed Disposition and Development Agreement with developer GRH LLC.

SAN DIEGO-SD Bridgeworks LLC lands a floating-rate, first mortgage that it will use to refinance its sizable mixed-use project, which includes the 282-room Hilton San Diego Gaslamp Quarter; a 23,000-sf retail component; and a subterranean parking facility.

SAN DIEGO-A mixed-use project that is planned for Downtown San Diego has moved one step closer to fruition, as Centre City Development Corp.'s board of directors has accorded design review approval to the proposed Park Terrace complex.

CARSLBAD, CA-The 76-unit GlenView Assisted Living project is gearing up for its grand opening celebration, with some residents already occupying the community and other move-ins slated to occur over the next several weeks.

OCEANSIDE, CA-The owner of the Old Grove Marketplace has locked down two anchor tenants for the Oceanside shopping complex's second phase, which is not set to break ground until this May. The deal is the latest signal of the pickup in North County tenant demand.

SAN DIEGO, CA-JPMorgan Fleming Asset Management acquires the Promenade Rio Vista multifamily asset on behalf of its pension fund clients. Located in the Mission Valley submarket, the development is a transit-oriented community located 15 minutes from Downtown.

CHULA VISTA, CA-A local retail asset purchased for $970,000 in 2002 has recently traded hands for $2.3 million. The sale reflects the steadily rising prices of the San Diego County retail market.

EL CAJON, CA-Pacific Development Partners acquires the 36,175-sf facility, which stands at the northeast corner of Jamacha Road and Granite Hills in Washington Plaza.