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The hotel developers likely to remake the old Navy property at 1220 Pacific Highway will get three more months to consider an unsolicited proposition from an unnamed entertainment venue operator that wants to be folded into the redevelopment plan for the 3.4-acre, waterfront site.

The United States Navy will give up its 3.4-acre property at 1220 Pacific Highway, voluntary ending its 100-year lease of real estate opposite San Diego's cruise ship terminal decades ahead of schedule.