Simpson Housing LP hopes to build the studio, one- andtwo-bedroomapartments, along with a small commercial center, at thecorner of FifthStreet and Laurel Avenue.

Park Laurel, a 94-unit apartment complex, was proposed for thearea a fewmonths ago. The projects are the latest in a slew of newapartment andcondo communities sparked by declining vacancies andskyrocketing rentsthroughout San Diego County.

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