X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SAN DIEGO, CA-Carmel Valley Housing Associates LP has completed its 112-unit affordable housing project, known as Torrey Del Mar, three months ahead of schedule.

Located at 13875 Carmel Valley Rd., the complex contains one-, two- and three-bedroom units ranging from 624 sf to 1,046 sf. Amenities include a pool, barbeque area and children’s playground, as well as on-site laundry facilities and a community clubhouse with a learning center.

Torrey Del Mar was built by Wermers Multi-Family Corp, with project consultants including Starck Architecture, Horowitz Taylor Engineering, Hunsaker & Associates Civil Engineers and Marquez & Kuhlken Landscape Architects.

Affordable housing continues to be a significant concern in San Diego County with the average monthly rent here climbing to $1137 in September of this year. According to research by RealFacts, San Diego rent levels have increased 5.9% thus far over the course of 2002.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.