The San Diego City Council voted 8-0 to reject the Brown Field Aviation Park plan, proposed by San Diego Air Commerce Center, which invested more than $18 million. Farallon Capital Management and Lehman Brothers are major investors in the project ‹ and project leaders hinted they might take theissue to court.
Developers had hoped to build a cargo hub at the 900-acre site. They argued it would create thousands of jobs and draw hundreds of millions of dollars in economic benefit to the region.
San Diego City Council Ralph Inzunza, a longtime opponent of the plan, pronounced the project "dead" after Monday night's vote. Inzunza said noise and traffic from the project would disrupt the community and hurt attempts to convert the area to a biotech and high-tech haven.
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