SAN DIEGO, CA-Five Star Parking plans to build a $10 million, eight-story parking garage, San Diego’s first privately developed parking garage in 11 years, and 11,000 sf of ground floor retail space at Columbia and C streets.

Five Star general partner Paul Chacon says the 600-car garage, which won approval recently from San Diego’s Centre City Development Corp. will be the first of several parking facilities Five Star expects to building throughout the city over the next several years.

Downtown has grown into a 24-hour city in recent years, Chacon notes, boosting demand for parking among shoppers, diners, workers, tourists and others. He says the ground floor retail at the structure will be designed to accommodate an upscale restaurant with outdoor patio seating.

The new facility will be designed by Tucker Sadler Noble Castro, in conjunction with International Parking Design, with Nielsen Dillingham Builders as general contractor. Construction is scheduled to begin in October, with completion slated for July 2003.

Five Star is San Diego County’s second largest parking operator with 57 locations, 28,000 spaces, 600 employees and more than $10 million in annual revenues. It also operates the Las Americas Shopping Center outlet mall and Park Shuttle & Fly, an off-airport parking lot.

Nationally, the company generates $220 million in annual revenues and employs more than 2,000 workers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.