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An extended deadline for proposals to redevelop the land at 7th Avenue and Market Street has come and gone, but city remains mum on whether it received any bidders to build affordable housing on the high-profile parcel
With longstanding plans for a five-star hotel now dead, the city hopes to entice developers to purchase and redevelop a downtown parking lot that comes with a key condition: Provide lots of low-income housing.
Elected leaders to initiate process for soliciting proposals to redevelop a city-owned site at Seventh and Market, with an emphasis on affordable housing.
Next steps for the city-owned land at 7th and Market will likely be declaring the site surplus, as required by state legislation, and re-starting a process for redevelopment, with the emphasis on affordable housing.
San Diego is ready to cancel the nearly seven-year-old deal with Cisterra and its partners because the group won't be able to make crucial deadlines for the now $700 million project