Here Are the 5 Contenders for the Sports Arena Redevelopment

OB Rag

by FRANK GORMLIE on DECEMBER 14, 2021 · 3 COMMENTS

in OCEAN BEACHSAN DIEGO

There are 5 remaining redevelopment teams bidding to take on San Diego’s 48 acres of city-owned land around the sports arena in Midway District. Proposals from the Panacea Group and Cotterkey Investments were deemed not responsive and have been eliminated.

The developer groups are going for a longterm ground lease for the city’s real estate holdings at 3500, 3250, 3220 and 3240 Sports Arena Blvd. These include San Diego’s sports arena — the long-time home of the San Diego Gulls. Bidders are supposed to be submitting site redevelopment plans with a new or improved sports arena, and withat least 25 percent of proposed housing units for lower-income families.

Apparently, all the bids will include visions that include buildings that tower over the Midway District’s 30-foot height limit. San Diego voters last year struck down the restriction, but a legal challenge threatens to void the ballot-box victory and could be an obstacle for development teams.

Late last week, the city announced it would sit down and negotiate withe the following development teams (all descriptions are from the San Diego U-T):

Discover Midway, includes Brookfield Properties and existing arena operator ASM Global. Their proposal calls for 3,280 apartment homes lining the periphery of the city’s property, advances the idea that the aging venue can be made exciting once again with an exoskeleton-of-sorts that transforms its monolithic style and singular function.

Midway Village+ is led by Toll Brothers Housing and sports real estate firm Revitate. This proposal includes apartments for a variety of income levels, with the group now disclosing that it will build more than 1,000 units for low- and middle-income residents, meaning people making between 30 percent and 120 percent of the area median income, as defined by the Department of Housing and Urban Development. The plan calls for “thousands” of housing units alongside commercial buildings that line the periphery of the site. A new, 15,000-seat arena, which could be expanded, will sit in the center of the project and feed into a 12-acre public park, a hotel and a 3,500-seat event center. On the western edge, located on a parcel not included in the city’s solicitation, the development team would also like to build a 20,000-seat home for the San Diego Loyal soccer team.

Midway Rising combines San Diego-based Zephyr with well-known arena operator Legends.The group’s early plan envisions a roughly 16,000-seat, privately financed arena on the eastern edge of the property that flows into an urban public square. On the western side, an unknown mix of affordable units, middle-income apartments and market-rate housing are spread across mid-rise towers that open onto a central paseo. A series of rooftop parks, which cover above-ground parking garages, and elevated walkways connect residents and visitors to the sports complex. Midway Rising also calls for a hotel near the arena.

HomeTownSD –  hails from local firms Monarch Group and JMI Sports. Their proposal centers around more than 2,000 deed-restricted apartment homes set aside for low- and middle-income families. It also includes a downsized sports arena that can hold 10,000 people, a 300-key hotel, 300,000 square feet of commercial office and retail space, a 10,000 square-foot child care facility, and 18 acres of green space spread across parks and rooftops.

Neighborhood Next pairs ConAm Group with Wakeland and Community Housing Works. They propose to remake the parcels in the style of San Diego’s Little Italy, where a plethora of apartment buildings in a variety of heights and designs give life to a wealth of street-level activity, replete with dining and shopping options, where pedestrians and bicyclists have the right of way. A central path, called the GreenLine Promenade, would extend the length of the project, weaving together a broader network of open spaces and transporting people from the property’s eastern edge to the San Diego River. Altogether, the group is designing a site with 4,800 to 5,400 apartments, up to 300,000 feet square feet of commercial retail and office space, a dedicated community building that could house a school or library, and one or two hotels.

https://obrag.org/2021/12/here-are-the-5-contenders-for-the-sports-arena-redevelopment/

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