22Mar
By: Ryan Ponce On: March 22, 2024 In: Cortez Hill, Downtown San Diego, Lifestyle Comments: 0

Important Update for Bosa’s Project Between 8th and 9th on B street

The San Diego Union Tribune just put out an article saying that the project is officially converting to a 389-unit condominium tower. The article says that the developer just submitted plans this week to change the project from apartments to condos. I actually wrote something back on September 28th, 2023 that there was a change in the language of the permit that included the words “proposed mixed-use condo bldg.” Additionally, I wrote an update on February 9th, 2024 showing the city’s website had made a change to the project, which now shows a 40 story 389 unit condo building. I am not sure what the plan change was referring to, but it seems this change has been in the works for about 6 months already. The San Diego Union Tribune did reference Bemi Jauhal, which is Bosa Development’s Vice President. It appears she confirmed the change with the San Diego Union Tribune. I have not seen any mention of a possible name for the tower or when they will begin selling.

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Details*:

  • Location – 1 full block bounded by 8th, 9th, B, and C Street
  • 389 Condo Residences
  • 9,400 Square feet of retail
  • 40 Stories
  • 503 Feet Tall
  • Neighborhood – Cortez Hill
  • By Bosa Development

*these are the current plans according to the permit application and are subject to change. 

Why I Think Bosa Decided To Make The Change

Everything in this section is just my opinion or theory. Bosa Development has been known for building mainly high-rise condominium towers in San Diego. Since Nat Bosa has partnered with his son, who is now the President of Bosa Development, they have taken more of a mixed use stance, including office space and apartments. Given the lack of supply in Downtown San Diego, especially when it comes to new construction, they likely saw the opportunity to fill a void.

Their last community built was Savina and was completed in 2019. Since then, there hasn’t been a single condominium high-rise built in Downtown San Diego. In my opinion, there is definitely pent up demand for new condos in the area. The building seems to be higher density and the location might allow for lower entry prices for buyers when compared to Savina and Pacific Gate. I am excited to learn more about the community, and as always, I will keep you updated as I receive information.

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    Give me a call today at (619) 228-6790 or email me at Ryan@livingthesandiegolife.com for more information or to schedule a tour of the neighborhood!

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