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Protea Properties has announced plans to build Bayview Plaza, a 156-unit apartment building on a vacant lot in San Diego’s Bay Park on the corner of Morena Boulevard and Clairemont Drive. The proposed property includes 40,000 square feet of commercial space, and is located walking distance to the Blue Line Trolley. Helping to address the housing crisis in San Diego, the property will include 16 affordable units, or 10% of the total project, for families earning up to 50% of the area’s average income. The affordable units will range in size from studios up to two-bedroom units to ensure housing is available for all areas of the market.

“Bayview Plaza is situated halfway between two of San Diego’s major job centers at UTC and Downtown,” Jeffrey Essakow, president of Protea Properties, tells GlobeSt.com. “Even more importantly, Bayview Plaza will create the new model for smart-planned, transit-oriented development as it will be located right across the street from the future Blue Line Trolley Station. In addition to the site’s connections to transit and job centers, the ideal Bay Park neighborhood provides beautiful coastline views and access to the recreational waterfront at Mission Bay. It will be a project that not only benefits future residents, but enhances the current neighborhood.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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