San Diego is focused on developing mixed-use and urban infill projects which will increase the city’s density in the coming years. This is a big change since the city has historically developed outward as a sprawling suburban metropolis.
The life sciences sector in San Diego is heating up at a brisk pace. Employment for the sector is above the national average, up 5.3% year over year, and as a result, we’re seeing a big uptick in rent prices for lab space.
4250 Oregon Ave is a new 94 units multi-family development, slated to be completed by June 2023. It is located in the trendy San Diego neighborhood of North Park.
A 20-story residential building opens its doors in Bankers Hill. It is now the tallest residential building in San Diego.
The North County Transit District has asked for RFPs for mixed-use developments near transit operations to create sustainable developments and improve connectivity throughout the region. Affordable housing will be included in both development areas.