San Diego Business Journal

Construction Starting on Retail Center, Hotel at Millenia

By Lou Hirsh Friday, August 11, 2017
   
Ayres Hotel at Millenia – Rendering courtesy of Ayres Hotels

Ayres Hotel at Millenia – Rendering courtesy of Ayres Hotels

Developers have slated an Aug. 15 ground-breaking for the Millenia Commons retail center and a 135-room Ayres Hotel, being built at the Millenia mixed-use development in Chula Vista.

Both elements are among several projects now underway or planned by several developers, totaling several billion dollars, in the 210-acre community near state Route 125 and Birch Road. The project is being overseen by San Diego-based Meridian Development, on behalf of property owner Stratford Land of Dallas.

Work is progressing on more than 1,000 homes and apartments and an upcoming 500,000 square feet of office space, along with retail, hotel and civic amenities.

San Diego-based developer Sudberry Properties previously announced several signed retail tenants for the $44.5 million, 131,800-square-foot Millenia Commons lifestyle center, slated to open in summer 2018. The roster includes HomeGoods, Cost Plus World Market, Ross Dress for Less and Buy Buy Baby.

Costa Mesa-headquartered Ayres Hotels is building what it describes as a boutique hotel at Millenia, to open in 2018. Ayres currently owns and operates 21 Southern California hotels, including Ayres Lodge in Alpine.

At full buildout over the next several years, Millenia is expected to include 3,000 residential units, 2 million square feet of Class A office space and 1.5 million square feet of retail, along with hotels, parks, bikeways, promenades and public plazas.