The Future: Lucia nel Cielo
Located
in the heart of the East Village Neighborhood in Downtown San Diego, Lucia nel
Cielo presents the rare opportunity to purchase entitled land for a 23-story
mixed-use development. The new-age technology, features, and
amenities of this project are unmatched in today’s marketplace. Between a
rooftop spa, pool, lounge and yoga lawn, robotic valet parking, and water views
from the 3rd floor and up, this development will be a first in many
regards for the West Coast. Lee Irvine, as exclusive advisers, is
offering this opportunity at $13,000,000.
DOWNTOWN SAN DIEGO
Lucia nel Cielo and East Village are located within downtown submarket of San Diego County. Downtown San Diego serves as the cultural, financial, and central business district of the county. San Diego has been aggressive in redevelopment and in attracting new businesses and residents to the County, but more importantly the downtown core. Due to this, the county’s unemployment dropped below 5% in Q4 2015 and is projected to continue to decline as more and more companies are absorbing office space.
The Downtown Metro is comprised of eight (8) neighborhoods, all experiencing growth and new development, and all bringing their own culture to the overall landscape of the area. The neighborhoods are Columbia, the Core, Cortez Hill, East Village, Gaslamp Quarter, Horton Plaza, Little Italy and the Marina District.
With the addition of PETCO Park in 2004, downtown San Diego has steadily grown to be a thriving, 24-hour urban metropolis that has drastically changed the perspective and interest of the area. The downtown population has doubled since 2000, primarily due to the urban infill environment that has been created. Downtown San Diego’s increase in jobs and workforce is mainly attributed to the millennial generation being attracted to the city and the opportunities being created. In 2014, Forbes Magazine named San Diego as the number one city in the United States to launch a startup.
Downtown San Diego is home to more than:
• 75,000 workers
• 4,000 businesses
• Close to 90 startups
• 40,000 residents
UNIT & PROPERTY AMENITIES
PROPERTY AMENITIES
- Grand Lobby Entrance
- Interior Private Courtyard
- Business Center
- Mail Room
- Private Theater Room
- Fitness Facility
- Rooftop Terrace, BBQ Area, Resort Style Pool & Spa and Yoga Lawn
- Dog Park
- Private & Secured Storage
- Robotic Parking Structure
- Private Outdoor Terraces
- Pictures: Interior Loft & Interior Loft 2, Urban Open Space 2, Rooftop Plan
UNIT AMENITIES
- Platform Lofts
- Private Balconies with Panoramic Water Bay, & City Views
- In unit Washer/Dryer
- Large Closets
- Beautiful Kitchens with Stainless-Steel Appliances & Granite Countertops
- Can Lighting
- 9-12 Foot Ceilings
- Floor to Ceiling Windows
- Custom Cabinetry
INVESTMENT HIGHLIGHTS
• Fully Entitled for Large‐Scale Multifamily Development with majority of plans complete
• Strong Locational Attributes
• Transforming Submarket with Strong Rental Demand Generators
• High Barriers to Entry with Compelling Demographics
• Save 14 months of entitlement time and $1,000,000 in fees
• Potential to purchase adjacent land for phase 2 development
• 3rd floor and up contain water views
• Located in the heart of East Village’s I.D.E.A. District in Downtown San Diego
• Blocks away from San Diego City College
• Upscale property and unit amenities
For more information contact: Sammy Cemo