Developed by the Alessio family in 1965, the twelve-story officefacility was once one of the tallest high-rises in the city, withthe El Cortez Hotel being the only building here to tower over it.It is still a landmark however, having earned the reputation as theonly family-owned high-rise in San Diego.

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The owner, Alessio Investment Co., has planned a renovation thatwill upgrade the property while keeping "more of a sophisticatedelegance in the design aesthetic," according to Dominic Alessio,the company's general partner. Located at 2550 Fifth Ave., theoffice building is slated to receive numerous upgrades includingthe addition of a new glass canopy, valet parking area,state-of-the-art fire suppression systems, security/camera systemand emergency generator.

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In addition, a new HVAC system, chillers and cooling tower arebeing installed. Interior improvements will include therefurbishment of the 1960s bronze chandelier, as well as theaddition of Egyptian marble flooring. New retail storefront doorswill be added, as well as signage, a security desk and elevatorcabs. The renovation project, which was designed by CarrierJohnson, is being carried out by general contractor RoelConstruction.

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