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Cisterra – 7th & Market Mixed-Use Complex – California - Project Profile

Cisterra – 7th & Market Mixed-Use Complex – California - Project Profile

Synopsis

"Cisterra – 7th & Market Mixed-Use Complex – California - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Cisterra – 7th & Market Mixed-Use Complex – California - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Cisterra Partners LLC (Cisterra) is planning to undertake a mixed-use complex in San Diego, California, the US.

The project involves the construction of a 71,535m2 mixed-use complex. It includes the construction of 39-story tower which includes 3,716m2 of retail space, 59 condominium units, 14,493m2 of office space, 125 apartments, 34 affordable housing units, two restaurants, 557m2 of public open space, 891 parking spaces and related facilities and the installation of elevators and safety systems.

The project also includes another 19-story tower comprising a 153-room hotel.

Carrier Johnson + Cultur has been appointed as architect and Turner Construction Company as contractor. Marriott International, Inc. will operate and manage the hotel under its Ritz-Carlton brand.

In June 2015, Cisterra submitted the project proposals to Civic San Diego (CSD). With environmental review and zoning changes being finalized, Cisterra reported entitlements for The Preserve at Torrey Highlands should be approved within eight to 10 months.

San Diego’s city council approved the market’s first Ritz-Carlton Hotel that is part of a $400-million, mixed-use retail and residential project on October 20, 2016.

The developer is incorporating the historic Clermont Hotel, and its 53 single-room occupancy units, into the project. The project is slated for completion by October 2021.

Scope

The project involves the construction of a 71,535m2 mixed-use complex of 39-story in San Diego, California, the US.

The US$400 million project includes the following:

1. Construction of 3,716m2 of retail space

2. Construction of a 19-story tower comprising a 153-room hotel

3. Construction of 59 condominium units

4. Construction of 14,493m2 of office space

5. Construction of 125 apartments

6. Construction of 34 affordable housing units

7. Construction of two restaurants

8. Construction of 557m2 of public open space

9. Construction of 891 parking spaces and related facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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