{"id":1004479879,"date":"2020-09-24T03:49:57","date_gmt":"2020-09-24T11:49:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004479879"},"modified":"2020-09-24T06:37:39","modified_gmt":"2020-09-24T14:37:39","slug":"the-padres-1-4b-project-wins-san-diego-development-bid","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/","title":{"rendered":"Padres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment"},"content":{"rendered":"
\"\"<\/a>

East Village Quarter. Image courtesy of the city of San Diego<\/em><\/p><\/div>\n

The Padres Development Team, which includes Tishman Speyer and Ascendant Capital Partners, has won the bidding process to transform San Diego\u2019s Tailgate Park into a 2 million-square-foot, mixed-use development dubbed East Village Quarter. The developer could break ground on the $1.4 billion project as early as 2023, according to The San Diego Union-Tribune<\/em>. Carrier Johnson + CULTURE is the project architect. <\/p>\n

The Padres\u2019 vision for the underutilized four-block area near Petco Park in East Village won against Brookfield Properties\u2019 development concept. Both entities submitted their projects to the city of San Diego at the beginning of the year, after the city declared the intent to sell or lease the land in December.<\/p>\n

East Village Quarter will take shape on the 5.3-acre lot bordered by K Street, Imperial Avenue, 12th Avenue and 14th Street, east of the $1.5 billion redevelopment project<\/a> of Manchester Financial Group. The Padres already hold a long-term lease on the parcel valid through 2042.<\/p>\n

Upon completion, the former Tailgate Lot will comprise nearly 1.4 million square feet of office space, 612 market-rate and affordable apartments, 236,000 square feet of open space and a 1,600-space parking structure for those attending Padres games and ballpark events.<\/p>\n

The decision process<\/h2>\n

After the bid submission to the Request for Proposals, a selection committee of the city of San Diego, together with external experts of Civic San Diego and JLL reviewed and scored the two top bids. Scoring categories included RFP responsiveness, financial models and developer experience. The RFP process followed a public Request for Qualifications process which took place this spring.<\/p>\n

Subsequently, the city held a virtual open house from August 26 to September 4, to request public input on the two proposals and the community\u2019s priorities for the development. The open-house website had 1,156 community feedback responses. The community’s preferences included open space and amenities, retail, parking, events and active pedestrian and public space.<\/p>\n

In the following steps, the City Council\u2019s Economic Development and Intergovernmental Relations Committee and, subsequently, the City Council will decide upon the Selection Committee\u2019s recommendation for the city to enter into an Exclusive Negotiation Agreement with the Padres.<\/p>\n","protected":false},"excerpt":{"rendered":"

The development team could break ground on the 2 million-square-foot project as early as 2023.<\/p>\n","protected":false},"author":870,"featured_media":1004479888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21752,21742,1608,15],"tags":[40320,50311,32796,33224],"class_list":["post-1004479879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-mixed-use","category-latest","category-san-diego","category-west","tag-carrier-johnson-culture","tag-civic-san-diego","tag-jll","tag-tishman-speyer"],"acf":[],"yoast_head":"\nPadres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Padres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment\" \/>\n<meta property=\"og:description\" content=\"The development team could break ground on the 2 million-square-foot project as early as 2023.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-24T11:49:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-24T14:37:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"777\" \/>\n\t<meta property=\"og:image:height\" content=\"582\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/\",\"name\":\"Padres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg\",\"datePublished\":\"2020-09-24T11:49:57+00:00\",\"dateModified\":\"2020-09-24T14:37:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg\",\"width\":777,\"height\":582,\"caption\":\"East Village Quarter. Image courtesy of the city of San Diego\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Padres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1\",\"name\":\"Adriana Marinescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"caption\":\"Adriana Marinescu\"},\"description\":\"Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adriana-marinescu\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Padres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/","og_locale":"en_US","og_type":"article","og_title":"Padres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment","og_description":"The development team could break ground on the 2 million-square-foot project as early as 2023.","og_url":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-09-24T11:49:57+00:00","article_modified_time":"2020-09-24T14:37:39+00:00","og_image":[{"width":777,"height":582,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg","type":"image\/jpeg"}],"author":"Adriana Marinescu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/","url":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/","name":"Padres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg","datePublished":"2020-09-24T11:49:57+00:00","dateModified":"2020-09-24T14:37:39+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg","width":777,"height":582,"caption":"East Village Quarter. Image courtesy of the city of San Diego"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/the-padres-1-4b-project-wins-san-diego-development-bid\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Padres, Tishman Speyer JV Tapped for $1.4B San Diego Redevelopment"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1","name":"Adriana Marinescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","caption":"Adriana Marinescu"},"description":"Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adriana-marinescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/09\/East-Village-Quarter-e1600942187827.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004479879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/870"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004479879"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004479879\/revisions"}],"predecessor-version":[{"id":1004480062,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004479879\/revisions\/1004480062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004479888"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004479879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004479879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004479879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}