The Centre City Development Corp.’s (Research) board met Wednesday and approved an amendment to the fiscal year 2005-2006 budget to reflect a $1.075 million general fund loan repayment to the city. The repayment clears all CCDC general fund debt.
The board also granted design review approval for developer Centurion Partners LLC’s condominium development on the north side of K Street between Park Boulevard and 13th Street. The 43-story project includes 168 market-rate condominiums, 15,000 square feet of retail space and 299 parking spaces. The development will complete a portion of the Park-to-Bay Link, and will complement the proposed new Main Library, according to a written statement released by the corporation.
The board then granted design review approval for developer Caster Properties’ self-storage project on the east side of Pacific Highway, between Juniper and Ivy Streets. The five-story, 271,830 square-foot project will contain four levels of storage above 18,500 square feet of retail space, and 52 parking spaces.
At the meeting the board was updated on current projects.
The Park Boulevard at Harbor Drive Pedestrian Bridge and At-Grade Crossing Improvement projects: These two related projects are a result of a California Public Utilities Commission legal decision requiring construction of a grade-separated crossing for pedestrians prior to the granting of approval for re-opening the Park Boulevard at-grade crossing for vehicles.
The Pedestrian Bridge project: Completion of the final design phase is expected by fall of this year. Construction is planned to start in the first quarter of 2006 with completion later that summer or early fall. Due to a construction budget shortfall, the staff is pursuing potential funding from federal, state and local public agencies, and private sources, according to the corporation.
On June 24, a grant application for $2 million was submitted to SANDAG for their Smart Growth Incentive Program utilizing Transportation Enhancements federal funding. In addition, staff and JMI/Lennar have negotiated the terms of an Owner Participation Agreement, requiring a contribution of up to $4 million by JMI/Lennar towards the project.
At-Grade Crossing Improvements: The final design phase is underway, with expected completion by fall of this year. Construction is planned to start in spring 2006 with completion in the fall. Discussions have resumed with railroad entities BNSF, SDA&E, MTDB/MTS/NCTD/SANDAG regarding construction, maintenance, easement agreements, land swaps, and overall coordination of the construction work.
6th & K Parkade (formerly R-7): In early July, Subway Restaurants opened its newest downtown eatery at the corner of Sixth Avenue and K Street, joining fellow K Street tenants Marble Slab Creamery and Postal Annex. The Seventh Avenue corner unit is the only space yet to be leased. On the L Street frontage, construction continues for the conference meeting rooms and art gallery space. Expected completion and opening is planned for early September.
New Downtown On-Street Parking Time Limits and Rates Testing: The City of San Diego has started testing new on-street parking time limits and rates in downtown. Based upon recommendations from the Downtown Parking Management Group and approved by CCDC and the City Council, parking time limits will be lengthened and rates will be reduced in four test areas throughout downtown. The test areas will add four- and nine-hour meter zones with rates ranging from 50 cents to $1.25 per hour. The new combination of hours and rates is expected to better increase meter utilization and manage the supply and demand of parking within the public right-of-way. Test areas in the Marina, Little Italy and Cortez neighborhoods became effective over the past few weeks, and the East Village test area will be in effect in early August. Block segments included in each test area can be identified by blue street signs indicating "Downtown Parking Pilot Program," along with green colored tops on the parking meters. Gaslamp Quarter Streetscape Improvement Project. The project emphasis is to upgrade public improvements in the Gaslamp Quarter to enhance the safety and functionality of the pedestrian environment. Major items of work include sidewalk repairs, irrigation system installation, and upgrading and relocation of streetlights. The project budget is approximately $4 million. Construction is anticipated to begin in early August.
The board reported the following permit applications submitted since the last president’s report:
16th & Broadway (Intergulf): Centre City Development Permit for a 5- and 31-story (307 feet) mixed-use project with 360 residential units and approximately 2,654 sf of commercial space located on a 55,000 sf lot on the block bounded by 16th, 17th, and C streets and Broadway - East Village. Nextel Wireless F (Nextel): Centre City Neighborhood Use Permit to allow 12 architecturally-integrated panel antennas and an equipment shelter located at 750 State Street - Marina.
16th & Island (Western Pacific): Centre City Development Permit for an eight-story (95 feet) mixed-use project with 244 residential units and approximately 23,521 sf of commercial space located on the full block bounded by 15th, 16th, and J streets and Island Avenue - East Village. Permit Applications Currently in Process:
Nextel Wireless D (Nextel): Centre City Neighborhood Use Permit to allow 15 architecturally-integrated panel antennas and an equipment shelter located at 1673 & 1695 Newton Avenue - East Village.
Library Tower (formerly One Library Circle) (Doug Austin): Revised plans for the formerly-approved Centre City Development Permit for a mixed-use project consisting of approximately 128 residential units and approximately 19,000 sf of commercial space in a 43-story tower located on the northeast corner of Park Boulevard and K Street - East Village.
Sogno Divino (Danielle Canigla): Centre City Conditional Use Permit to allow alcohol in conjunction with live entertainment (three-piece band) within a proposed restaurant located at 1607 India Street - Little Italy.
15th & Island (Pinnacle): Centre City Development Permit for a mixed-use project consisting of approximately 617 residential units, 20,000 sf of commercial space, and 800 parking spaces in three levels of an underground parking garage on an approximately 120,000 sf “super-block” site bounded by Island Avenue and 14th, 15th, and J streets. The development would create an approximately 57,000 sf public park on the west half of the site, with the east half of the site being developed with two condominium towers of 31- and 39-stories (approximately 370 and 430 feet tall, respectively) above a 3-5 story base (45-80 feet tall). This project requires the approval of an Owner Participation Agreement - East Village.
A-1 Self Storage (Caster Properties): Centre City Coastal Development Permit for 187,000 sf of self-storage space and approximately 18,000 sf of commercial space in a five-story building located on the east side of Pacific Highway, between Ivy and Juniper streets - Little Italy.
T-Mobile/Sprint Tower (T-Mobile): Centre City Conditional Use Permit to expand an existing telecommunications facility (previously conforming use) located on the east side of 14th Street, between J and K streets - East Village. Grand Pacific Tower (Barry O’Beirne): Centre City Development Permit for 86 residential units and approximately 3,100 sf of commercial space in a 21-story building located on the southeast corner of the intersection of Fifth Avenue and Ash Street - Cortez.
Cosmopolitan Square (Simplon): Centre City Development Permit for 239 residential units and approximately 17,000 sf of commercial space, 12,000 sf of office space, and a new fire station in a 3-32 story building on the block bounded by J Street and Seventh, and Eighth and Island avenues - East Village.
Pacific Pointe (Pointe of View): Centre City Development Permit for 403 residential units and approximately 12,000 sf of commercial space in 5-39 story buildings located on the east side of Eleventh Avenue, between Broadway and E Street - East Village.
Ash & Pacific (Lennar-Intergulf): The appeal of Centre City Coastal Development Permit for 184 residential units and approximately 8,300 sf of commercial space in 7-8 story buildings on the block bounded by Pacific Highway and Ash, Beech, and California streets (railroad right-of-way) has been withdrawn. The applicant has submitted revised drawings - Little Italy.