San Diego’s Commercial Real Estate Happenings: A Quarterly Update
San Diego has some incredible real estate projects in the making right now – from Downtown’s biotech scene to the full demolition of SDCCU Stadium (make way for the Aztecs!). See a few of this season’s highlights below with links to relevant articles should you want to dive in a little deeper.
Project #1: IQHQ’s RaDD (as featured in-person at BOMA’s August Membership Meeting!)
One of the most exciting neighborhoods in San Diego is Downtown’s Waterfront. In the next couple of years, the Waterfront will become home to a new wave of life science commercial buildings known as the IQHQ’s Research and Development District (RaDD) - downtown San Diego’s first life science complex. The RaDD project consists of 5 buildings of lab/office/retail space, with a total project size of 1.7 million square feet. According to the Construction Review website, RaDD represents “the largest urban commercial waterfront site along California’s Pacific coast.” Completion of the initial phase is slated for 2023.
For more information on IQHQ’s RaDD, click HERE and HERE.
Project #2: The Rady Shell at Jacobs Park
The Rady Shell at Jacobs Park is another addition to San Diego’s destination-worthy downtown area. The revolutionary music venue was the result of a year-long project that was completed and became fully operational in the Summer of 2021 at the site of the Embarcadero Marina Park South. The venue represents a powerful intersection between nature, music, and technology – the shell itself is an architectural wonder surrounded on three sides by the San Diego Bay that will act as a year-round venue and a summertime home for the San Diego Symphony.
For more information on The Rady Shell at Jacobs Park, click HERE and HERE (better yet, buy tickets to an upcoming performance!).
Project #3: Aztec Stadium
Make way for the Aztecs! San Diego’s former SDCCU Stadium, inaugurated in 1967, has been demolished and construction on Aztec Stadium is in full swing. The 35,000-capacity, multi-purpose stadium is just the first phase of San Diego State University’s (SDSU) long-term vision for the area. Known as “SDSU Mission Valley”, the 166-acre Mission Valley development will include transit, housing, retail, community parks, and more. Construction of Aztec Stadium is set for completion next year, with the Aztecs hosting Arizona on September 3, 2022. And there’s good news for Aztec fans… season ticket pricing has just been released!
For more information on Aztec Stadium, click HERE and HERE.
Stay tuned for our Winter quarterly update!