It’s no secret that construction is booming in San Diego County. Over the past few weeks, they’ve been several new projects. Here are a few that you might want to know about:
In Chula Vista, an area with one of the lowest vacancy rates in the county, a $20 million dollar apartment complex has just broken ground at Creekside Pointe and is scheduled to complete in spring 2017. Realtor’s are already predicting that the 118 units will go quickly due to high demand in the area.
New and future residents of Chula Vista have another project to watch out for and that’s the new development at the old Target shopping center. Vacant since 2014, commercial construction off Highway 54 at Fourth Avenue and C Street could make way for a new project expected to bring in grocery, retail, craft options. Gateway Marketplace is the second Chula Vista construction project expected to open its doors in spring 2017. The property will be home to Hobby Lobby (a craft store), Aldi Food Market and Party City, a grocery store and some healthier food options.
Concerns of residents about the historic Mission Beach Boardwalk are finally being addressed thanks to a $4.5 million Seawall Restoration project. The neighborhood improvement project intends to restore the beach-side landmark to how it looked when it was first constructed in the 1920s. Business owners along the boardwalk anticipate that this project will bring more tourists to the beach, and more customers to their shops and restaurants when the project is wrapped up on Memorial Day, its projected completion date.
What was once a place where couples in the 1930’s met has been restored as a place where new memories can be created. The building located at Euclid and University avenues, is an 11,500-square-foot property that was almost demolished in 1989. The owners planned to turn it into a grocery store but after recognizing its historical significance made the decision to preserve it. Now, 27 years later, the Silverado Ballroom has reopened its doors having undergone a $1.6 million renovation.
Not quite at the stage of breaking ground, but something to look out for on the horizon is a new public-private stadium for the San Diego Chargers if owner Dean Spanos gets his way. Spanos and the Los Angeles Rams recently reached an agreement in principle regarding the new stadium but the Chargers still have until Jan. 15, 2017 to decide whether or not to move the franchise to Los Angeles. The team recently purchased land for team headquarters and a practice facility in Orange County and now they must decide whether to get a stadium built downtown or in Mission Valley. They are also discussing financing options with the city. This would be a great outcome for San Diego with since NFL ownership has committed $300 million to assist in the cost of building a new stadium in San Diego.
These are just a few of the construction happenings in San Diego. Are you planning a build or renovation of your own? At StoneCo Building Group, our experienced team can handle every aspect of your build, from pre-construction aspects such as Conceptual Estimating and Design Management to construction from the ground up. Regardless of where you are in the process, we can help. Contact us today.