When purchased, the property consisted of a 202 room hotel, restaurant, sports bar, liquor store, conference facilities, health club and Chevron gas station. A new project was planned for a 7 building, 563 unit, master-planned community on 19 acres.
Douglas Wilson Companies (DWC) was the managing partner of the development entity, responsible for operations, land entitlements, design, financing and brokerage of the fully entitled property.
DWC managed the asset while the property was redeveloped into a mixed-use residential project. The redevelopment plan, which included a commons, Main Street and retail sales district, was submitted to the city for review and approval.
The property was sold.
Mission Valley Resort
Douglas P. Wilson
San Diego, California