Kilroy Realty continues to amend the design and architecture of its proposed buildings at One Paseo as it waits for the city of San Diego to finalize the environmental impact report.
The EIR features a revised project that has a 30 percent reduction in size since the initial proposal, said Robert Little, vice president of development at Kilroy Realty Corp. (NYSE: KRC). The height of each building was reduced, and the property's overall square footage was reduced by 30 percent during the EIR process.
One Paseo is a 23-acre mixed-use project at the southwestern corner of Del Mar Heights Road and El Camino Real. Committed tenants include True Food Kitchen, North Italia, Puesto and Pinstripes, a bocce, bowling and bistro establishment.
Little said the company is also improving the architecture and landscaping, as well as proposing a cycling track on the perimeter of the project and creating more bike and pedestrian-friendly amenities as part of the plan's modification.
Architectural changes include refine the residential units to ensure they are compatible with the local area, Little said. The office spaces and retail storefronts have also been changed. One Paseo has met prerequisite review under LEED for Neighborhood Development by the U.S. Green Building Council, according to the website, onepaseo.com.
After the city finalizes the EIR, it will go out for public review. The public review process starts the hearing phase, which could last a few months, Little said. If all goes well, initial construction activity will begin in the fourth quarter of 2014.
“We have a high level of interest on the leasing side,” Little said, adding that discussions will move once there is a definitive timeline and occupancy dates.
Residents have voiced concerns about the project and the effect it may have on traffic in the area. Little said the reduction in size of the project and the investment in traffic improvements have helped to temper those concerns.
“Most realize that it will not only fix existing conditions but also more than handle new trips that the project will have,” Little said.
Some of the traffic improvements include additional storage lengths in left turn lanes and the addition of lanes and deceleration lanes to keep cars that are going into and out of the project from disrupting the existing through lanes. The project will also enhance the separated bike lane, he said.
Little said the proposed project goes “above and beyond” the requirements. It includes a proposed adaptive traffic control system, which optimizes signal timing and lights depending on the traffic at different times of the day, Little said.
“None of these items would be provided without the project’s investment,” Little said.
3611 Valley Centre Dr. Ste., 550
San Diego, CA 92130
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