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Downtown Development Skews Toward Commercial

SAN DIEGO—Developers are beginning to show interest in building spec office, not just build-to-suits, in the Downtown San Diego market, Downtown San Diego Partnership CEO Kris Michell tells GlobeSt.com in this EXCLUSIVE interview.

Kris Michell Michell: “We have the talent and the workforce in Downtown, and companies are seeing that and are interested in this market.”

SAN DIEGO—Developers are beginning to show interest in building spec office, not just build-to-suits, in the Downtown San Diego market, Downtown San Diego Partnership CEO Kris Michell tells GlobeSt.com. There has been unprecedented level of development activity occurring or in the pipeline for the Downtown market, with more than 9,000 apartment units either under construction or approved for construction currently and hotel construction off the charts as well. But Michell says the area is beginning to eye office development, too. We spoke with her exclusively about the Downtown development market and what to expect over the next couple of years.

GlobeSt.com: What stands out for you the most with all of the development projects currently in the pipeline for Downtown San Diego?

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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