High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + San Diego  + Apartments  | 

San Diego’s Facelift: From Suburbs to Big City

Since the year 2000, San Diego has experienced a 76% increase in its downtown population, the 2.6 square miles along San Diego Bay. This large post-recession influx of people brings with it a changing landscape, as the city moves away from suburban gated-communities towards big city development.

The co-CEO of Zephyr, a San Diego-based high-end housing developer, says the population wants to be able to walk rather than drive. Following its large Navy presence during World War II, redevelopment of downtown was kick-started with Horton Plaza and the Convention Center in the mid-1980s. One of the many developments currently underway is a 41-story luxury condo building with a screening room, boat-share program, and pool that will go on the market starting at $1.4 million.

Much like downtown Los Angeles, downtown San Diego is a mecca for development, as contractors give the city a facelift to satiate the population’s demands for a work-live-play culture.

Connect

Inside The Story

Read More at Wall Street Journal

About Connect CRE

  • ◦Development
New call-to-action
New call-to-action
New call-to-action
New call-to-action
New call-to-action