Welcome to San Diego Blog | August 5, 2013

Ballpark Village Development Downtown San Diego

East Village Downtown San Diego to be the home of Ballpark Village, the latest development being planned by JMI Realty Group.  Ball Park Village is said to be a $250m residential complex located just to the East of Petco Park on a 3.9 acre site where 10th Ave dead-ends into Park Boulevard.

Ball Park Village San Diego

Although it’s still up in the air whether the residences will be apartments or condos, the project was approved by Civic San Diego in February of 2014.  Ballpark Village is to include:

  • 634 unit residential project
  • 51,000 sq/ft of retail space
  • 36 story high-rise
  • mix of apartments, condos, commercial and retail space

John Moores, former Padres owner, has teamed up with Lennar Communities, Carrier Johnson +  Architects and the national housing company to re-instate this long-time planned project.  The project was first approved 8 years ago, but has been revised due to new consumer desires and new credit markets.

Ballpark Village takes up the equivalent of 3 city blocks!

If all things go as hoped, Ballpark Village would receive final approval this fall and construction could commence as soon as the end of 2015.  The idea would be to complete the apartment project in phase one and then move to the condos and hopefully bring the new condos for sale in 2017 when the market might be at higher peak levels than present day.

This project is monumental because it is no ordinary sized project – the site actually makes up the equivalent of 3 city blocks and marks the first new high-rise condo building we’ve seen since Bayside and Sapphire Tower that started back in 2007.   Construction could start as early as the end of 2014 and if you want to get on the interest list to be updated about opportunities to buy a new condo at Ball Park Village, please sign up here:

 

If the new convention center expansion gets pushed through the system and a New Charger’s Stadium can get recesitated, then there’s talk of a new Marriott hotel on the lot to the south.  Marriott had previously planned to construct a 2 tower hotel with 1929 rooms, but they opted not to move forward in 2008 due to the economy at the time.  After all, hotels like The W Hotel were in foreclosure at the time.  What a difference 5 years makes!

For more information about New Condos for Sale Downtown San Diego, give us a call: 619-309-8011


Written by: chad

Categories: Downtown San Diego, East Village, East Village Real Estate, New Developments, San Diego Real Estate

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