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Whiskey Tango Foxtrot
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55,632 Posts
Discussion Starter · #1 · (Edited)
Bosa Condominium Tower, 951 Pacific Highway San Diego CA



Height: 450 ft. (137 meters)

Floors: 41

Type: Residential condos

Start: 2015

Completion by: 2017




welcometosandiego.com

Proposed San Diego Luxury High Rise

Story San Diego Condo
Added by David Manes on May 31 2:44PM

Bosa Development Company is rethinking its plans for Downtown San Diego Condo development. Or, at the very least, creating options for upcoming projects.

On May 16, 2012, Bosa Development presented a preliminary design review proposal to Center City Devlopment Corporation (CCDC) for construction of a new luxury highrise to be built at the corner of Pacific Highway and Broadway. The long term implications of this proposed residential building effect numerous developments currently on the table.

The site is important to Downtown from both a functional and visual standpoint. The corner of Broadway and Pacific Highway is the primary gateway from the North Embarcadero into Downtown. It is also at the nexus of the Broadway boulevard expansion.

Development of the site will also have a dramatic impact on the downtown skyline and links to numerous other downtown projects including the North Embarcadero Visionary Plan, the County Waterfront Park (being built adjacent to the County Administration Building), as well as Lane Field and the Navy Complex.

Bosa Development Company had previously entitled a parcel at the corner of Ash and Kettner for construction of another highrise condo. This site is adjacent to their recently sold out Bayside condo tower, but one block east of Pacific Highway. The entitlement of this new Bosa 41 story condo is in the “front row” of waterfront condos.



41 Story Condo Tower

The mixed use Bosa proposed San Diego Tower will be built on just under one and a half acres. It is proposed to be 450 feet high, and will include 232 condos ranging from 956 sf one bedrooms to three bedroom homes of over 2,000 sf.

In addition, approximately 16,000 sf of retail space on Broadway and Pacific Highway is to be added on the first and second floors. Other projects on the waterfront, specifically Lane Field and The Navy Broadway Complex, have also promised a retail component but none have yet delivered.
Note: The name of this development will most likely be different by the time work starts.
 

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Whiskey Tango Foxtrot
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55,632 Posts
Discussion Starter · #2 · (Edited)
Bosa condo tower has been approved:

Condo project OK'd; starting price $750,000

Bosa wins design approval for 41-story project, leaves name to public

Written by
Roger Showley

June 27 - San Diego Union Tribune

http://bit.ly/QnNDYR



BUT:
Timing is uncertain

It has been a decade since Bosa Development did not have a new highrise to sell. In the current real estate market, costs for new construction far exceed values in the resale market. Until this changes, or at least a near term projection of higher values is made, it’s unlikely that this building will begin.

A future, important discussion of this building will include its impact on views and values of other Columbia District condos.
 

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Whiskey Tango Foxtrot
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55,632 Posts
Discussion Starter · #3 ·
Finally!

Priciest condo tower yet coming downtown



Bosa breaking ground on Pacific & Broadway, mid-2017 opening expected

Nat Bosa, developer of a string of pricey downtown condo towers, has greenlighted his next and most expensive project: a $1 million-a-unit development just south of the Santa Fe Depot.

Upon completion it would be valued at more than $400 million if sales projections hold up. "We're mobilizing and getting ready to start construction," the Vancouver, B.C.-based head of Bosa Development said in an interview Monday.



The Bosa project, seen from the west, would rise 450 feet and contain 41 stories and 232 condo units.— Kohn Pedersen Fox

The news came to light as he was completing the purchase of the former Driver office building on Cedar Street. He offered an update on what is tentatively called Pacific & Broadway. He said he originally hoped to start at mid-year but lengthy permit approvals have pushed groundbreaking into the next few weeks.

The news came to light as he was completing the purchase of the former Driver office building on Cedar Street. He offered an update on what is tentatively called Pacific & Broadway. He said he originally hoped to start at mid-year but lengthy permit approvals have pushed groundbreaking into the next few weeks.

The project marks a major financial milestone in that Bosa expects the average unit to sell for about $1.75 million. Even the smallest units at the currently projected rate of $1,060 per square foot would sell for just over $1 million.

[...]
 

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Hi,
I have a very general question and I was hoping you can assist me understand the process:

For any of these projects, buildings, constructions to be built in downtown San Diego, what is the process for it to be approved? Who are the departments that are involved? I can see that unified port of San Diego is one of the key actors, but I'm hoping you help me understand the outline of the process. I truly appreciate your help.
Regards,
Negin
 
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