Last week, I was at a dinner with Nat Bosa and his new sales team for Pacific Gate, Bosa Developments new ultra-luxury high rise tower located on the corner of Pacific and Broadway.  I was shocked when one of the first things Mr. Bosa announced was that Doug Manchester had just started making headway on the Navy Broadway Complex which is located between Harbor Drive and Pacific just south of Broadway.  This is one of the most prime locations in Downtown San Diego and has been one of the most controversial developments in the past two decades.

San Diego’s Newest Bayfront Development

After 5 years without any progress and 3 years without even a stir, it looks like the project is much closer to getting under way than any of us imagined.  Even Nat Bosa, a highly informed developer was quite surprised.  It was just announced that the Navy and California Coastal Commission settled a dispute that was the next to last hurdle to get the project under-way.

Doug Manchester, the developer, made some concessions that led to overcoming the law suit.  At this point, there’s just one more legal roadblock to starting the project that includes:

• 12 acre site on prime bay front land
• 2.9 million sq ft of office space – yes you read that right!
• 351,000 sq ft west coast regional headquarters for the Navy
• 1,375 hotel rooms
• 40,000 sq ft museum
• 1.9 acre park space
• 213,000 sq ft of retail space
• 3100 public parking spaces