A $60 million poured-in-place concrete and brick building with 120 one and two story residential lofts, ranging from 930 to over 3,000 square feet located in downtown San Diego’s East Village district, one block north of Petco Park. The units have many upscale features. Three levels of subterranean and surface parking accommodate approximately 200 cars.
Project Description
Douglas Wilson Companies (DWC) was the managing partner of the development entity.
Scope of Work
DWC negotiated the purchase of several parcels for the project site, developed the project concept and plans, coordinated land use and project approvals, secured equity and construction financing, supervised construction, marketed and sold out the entire project.
Project Resolution
The building was a financial success, completed on time, under budget and with strong absorption. ParkLoft is commonly regarded as the highest quality residential project in downtown San Diego and has received eight different industry awards including the Downtown San Diego Partnership’s Alonzo Award for Best Residential Development.
Project Name
ParkLoft
Client
Douglas P. Wilson
Location
San Diego, CA
