“The Unified Port of San Diego has released six proposals for developments targeting 70 acres of prime downtown San Diego waterfront property, including the current site of the iconic Seaport Village.”
” Plans by a locally based group known as Protea Waterfront Development for a project including hotels and retail; a ride called The Spire; an aquarium; and a museum with virtual-reality features from the media and business arm of the Smithsonian Institution. Estimated cost is $1 billion.”
“Seaport Village opened in 1980, and the port district last year rejected a proposal by current operators to redevelop the property, as officials seek to maximize revenue generated by prime waterfront spaces. The current lease on the Central Embarcadero waterfront site expires in September 2018.”
Citation and link to Article: Hirsh, Lou. “San Diego Business Journal.” Port District Releases 6 Proposals for Seaport Village Site. N.p., 13 June 2016. Web. 15 June 2016. http://www.sdbj.com/news/2016/jun/13/port-district-releases-6-proposals-seaport-village/
Picture Credit: Rendering courtesy of Protea Waterfront Development