Publications

Transactions - MAY 10, 2018

San Diego approves P3 for $1b convention center complex

by Andrea Zander

During a special joint meeting on Tuesday, April 24, 2018, the Board of Port Commissioners and the Chula Vista City Council unanimously approved a disposition and development agreement (DDA) between the Port, the City and RIDA Chula Vista, for the development of a $1.13 billion convention center and hotel complex along San Diego Bay.

The Chula Vista Bayfront resort hotel and convention center will be constructed west of Marina Parkway between H and G streets. Gaylord Hotels, the large convention hotel brand of Marriott International, will operate the complex. It will include approximately 1,600 hotel rooms, 275,000 usable square feet of convention and meeting space, and associated retail and resort-level amenities such as restaurant/bar/lounge facilities, recreational facilities, a spa, a pool with a lazy river, bike and boat rentals, and more.

Public infrastructure improvements will begin first and could get under way as soon as 2019, which includes preliminary site preparation, building access roads and new public streets (portions of E, G and H Streets), providing utility services, and building the new Harbor Park.

The resort hotel and convention center is the centerpiece and catalyst project of the Chula Vista Bayfront Master Plan (CVBMP), a decade-long joint planning effort by the Port, the City of Chula Vista and a broad coalition of stakeholders. The CVBMP was collaboratively planned through extensive public outreach that included more than 100 community meetings and resulted in a comprehensive Environmental Impact Report and Port Master Plan Amendment, which was approved by the Board in May 2010 and certified by the California Coastal Commission in August 2012. When complete, the public will enjoy more than 200 acres of parks, a shoreline promenade, walking trails, RV camping, shopping, dining and more. The CVBMP also establishes ecological buffers to protect wildlife habitat, species and other coastal resources.

Another billion-dollar project in San Diego, Manchester Financial Group’s $1.5 billion San Diego waterfront development, will break ground in June.

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