Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SAN DIEGO-As Centex Homes nears completion on its Montefaro condo complex in La Jolla, the Dallas-based developer is gearing up to begin another project in the metro area. It is moving steadily through the approval processes necessary to begin work on its Avion development proposed for Downtown’s East Village, having most recently secured design review approval from Centre City Development Corp.’s board of directors for the mixed-use project.

The Avion complex is scheduled to rise at the corner of 15th and Market streets in close proximity to the recently completed Market Square Manor and Market Street Village projects. Designed by Austin Veum Robbins & Parshalle, Avion is slated to house 65 condominium units, 76 parking spaces and 3,677 sf of retail space. Plans call for an eight-story, 90-ft development with units priced at market rate.

Centex Homes is moving forward with Avion as it wraps up construction on its Montefaro complex, which is rising on Girard Avenue in La Jolla. This $25-million project is slated for a March 2004 completion. At build-out, it will consist of 48 luxury units housed in five buildings. Units will range from 2,300 sf to 3,420 sf, with base plan prices varying from $1.2 million $1.9 million.

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?


GlobeSt. APARTMENTS Fall 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


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 © 2021 ALM Media Properties, LLC. All Rights Reserved.