San Diego Business Journal

Robust Market Feels Right at Home

DEVELOPMENT: Housing Demand Sustains Strong Climate; Other Sectors Also Continue Trend of Low Vacancy Rates By Lou Hirsh Originally published February 23, 2017 at 1:13 p.m., updated February 23, 2017 at 1:13 p.m.
   

Among the new high-end condos under construction are The Park, a 13-story, 63-unit project in Bankers Hill that is expected to be completed this summer. Rendering courtesy of Zephyr Partners

Among the new high-end condos under construction are The Park, a 13-story, 63-unit project in Bankers Hill that is expected to be completed this summer. Rendering courtesy of Zephyr Partners

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SINGLE FAMILY: Brookfield Residential anticipates a spring arrival for the first residents of Rancho Tesoro, its 250-acre, $100 million master-planned community in San Marcos.

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MULTIFAMILY: Construction is underway on the Alexan, a 309-unit, mixed-use project at Millenia in Chula Vista.

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HEALTH CARE: The new Kaiser Permanente San Diego Medical Center in Kearny Mesa is scheduled to open in April.

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Savina, Bosa Development’s 36-story, 285-unit project downtown, which does not yet have an estimated completion timeline. Photo courtesy of Triftbach Realty Group

— As with the now 8-year-old bull market for U...

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