U.S. Navy Vacating 100-Year Lease for Prime San Diego Bay Site

Port approves the transaction, paving the way for redevelopment.

By Jack Rogers | September 15, 2023 at 05:40 AM

The US Navy is continuing to vacate prime property in San Diego that has been coveted for decades by developers.

The Port of San Diego Commissioners voted this week to approve an agreement with the Navy to terminate its 100-year lease on a 3.4-acre piece of property in proximity to San Diego Bay, currently occupied by three two-story buildings.

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