San Diego Business Journal

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Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego CountyLennar recently released a new community of multigenerational homes that allow extended families to live together in one home called Next Gen — The Home Within a Home. This floor plan allows extended family to live all together in one home — except with private and separate living spaces. The new floor plan is now offered in north San Diego at Sevilla and Estrella at The Lakes above Rancho Santa Fe.

By Stephanie Glidden May 13, 2013 midnight   $$ Share
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Real Estate Sales in Luxury Areas ‘White Hot’

REAL ESTATE: Homes Above $1M Rising, But Still Below 2008 Median

San Diego’s median home prices continued climbing last month with the increases in the luxury category, above $1 million, rising faster than the rest of the market, say housing industry sources.

Developers Are Taking $90M Step Forward

PROPERTY: East Village Transformation to Create Tech, Design Hub

Lowe Enterprises and locally based I.D.E.A. Partners recently moved forward with plans to develop a $90 million mixed-use development in East Village, considered the first element in a long discussed strategy to turn the downtown neighborhood into a job-creating hub for cutting-edge technology and design firms.

Grand Jury Tasks City Officials With Game Plan

REAL ESTATE: New Agency Will Address Plans For Redevelopment Needs

San Diego officials in coming weeks will be strategizing on ways to maintain development momentum downtown and elsewhere in the city, without the help of the California redevelopment agency program abolished by the state last year.

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Local Contracts for Future Construction Up 18% in First Quarter

Real Estate Column

The latest figures from McGraw-Hill Construction show San Diego County 18 percent ahead of a year ago for construction projects in the pipeline.

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Regional Report

News and notes from communities around San Diego County

The City Council recently approved plans to build another shooting range in the Poway Business Park. This time it is new construction rather than a building conversion.

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The Lean Way

BUILDING: A Process Called ‘Lean Construction’ Smooths Road to Renovation

Tenant improvements and site renovations have been crucial to the business enhancement efforts of local contracting companies over the past five years, as work assignments in new-construction projects remain tough to come by in San Diego County and elsewhere.

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Evidence-Based Design Drives SYHC Facilities Renovation

HEALTH CARE: Clinic Interior Promotes Healing; ‘Not Just a Decorating Job’

San Ysidro Health Center is using what’s called evidence-based design to inform the renovation of its new three-story clinic and urgent care center in Chula Vista — and streamlining health care in the process.

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Executive Profile: John Dempsey

John Dempsey is president of Dempsey Construction Inc., a commercial general contracting and construction management firm, which he formed in 2010. Dempsey, who previously spent 28 years with Lusardi Construction, has built a business model that delivers a blend of large-company experience with the hands-on approach of a boutique company.

Vacation Rental Market Heats Up for Summer

PROPERTY: Busy Season Begins Late June Through August

The coming of summer means it’s high season for businesses such as Penny Realty Inc. The Pacific Beach firm rents out 90 vacation homes, largely but not exclusively in Pacific Beach and neighboring Mission Beach.

Pacifica Hotel Co. Pursues New Coastal Development Deals

PROPERTY: Firm’s Focus Is on Renovation Of Existing Properties

When Pacifica Hotel Co. recently sold the 73-room Empress Hotel in La Jolla, company leaders said the sale would open up opportunities for the growth-focused firm to pursue new coastal hotel development deals.

Firm Wants to Change Real Estate Landscape

PROPERTY: Avison Young Brings Its Model to Local Market

Toronto-based commercial real estate services firm Avison Young is rapidly growing its own U.S. office footprint, most recently entering a competitive San Diego market already filled with several established regional and national brokerage players.

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Real Estate Roundup

Projects, developments and other activity in cities in and around San Diego County

Voit Real Estate Services announced that Jonathan Segal, a San Diego-based urban-infill developer, has acquired a 29,700-square-foot site near the northeast corner of Balboa Park in the community of North Park for $2,250,000.

Carlsbad Apartment Building Sells for $7.3M

Eden Properties LLC of Los Angeles has purchased Ocean Villas, an eight-unit beachfront apartment building in Carlsbad, for $7.3 million.

Kearny Mesa Medical Office Building Sells for $12.1M

Pearson Dental Supply of Sylmar has purchased the Kearny Villa Coast Medical office building in Kearny Mesa for $12.1 million, according to CoStar Group and public data.