CORONADO, CA-Under the agreement, the hotel will pay the city $1 million over 15 years in exchange for public improvements related to expansion plans for the famous 30-acre Hotel del Coronado. Destination Development wants to build new guest cottages, a convention center and new pedestrian access.
OCEANSIDE, CA-The City Council Wednesday voted 4-1 to approve ballot language for an alternative version of the El Corazon Dedicated Parkland Initiative. The measure will appear on the Nov. 5 ballot.
SAN DIEGO-In the past four quarters, the Mission Valley market's high occupancy and consistent leasing activity has helped to stave off the eroding asking rents and negative net absorption that plagued San Diego's higher profile markets.
SAN DIEGO-A development group representing the Hilton hotel chain and the Port District will enter negotiations for a 1,200-room Hilton hotel next to the Convention Center.
SAN DIEGO-Publicly traded UnitedAuto Group pays $4.62 million for the 2.8-acre site with plans to demolish the building as part of a $40-million redevelopment of its car dealerships along Kearny Mesa Road.
CARLSBAD, CA-A corner of the parking lot at Westfield Shoppingtown Plaza Camino Real will be the future home of a new transit center. Terra-Cal Construction of Baldwin Park is building the $830,000 project, which will have cutouts for the eight buses, shelters and lighting.
SAN DIEGO-A publicly traded auto retailer buys a 28,217-sf building from a unit of General Electric in the Kearny Mesa area. UnitedAuto Group plans to demolish the building as part of a $40 million redevelopment of its car dealerships along Kearny Mesa Road.
SAN DIEGO-San Diego's office market continues to take substantial hits and will lag well behind the recovery of the national economy, though signs of growth appear on the horizon, according to a report by Insignia/ESG Research Services Group.
SAN DIEGO-Construction of the 120-unit project in the East Village neighborhood is speeding toward completion, set for early fall. Hensel Phelps Construction Co. is the general contractor.
SAN DIEGO-The largest neighborhood shopping center real estate investment trust on the West Coast--on an acquisition binge in the first quarter--announces strong earnings and funds from operations at the outset of 2002.
