To better serve the University City community, Regency Centers is planning to revitalize Costa Verde Center, which was built in 1989 before any of the surrounding residential. It currently has 178,000 square feet of community-serving retail.
The new center will:
for the area along Genesee Avenue to design and create a cohesive urban environment with direct connections to surrounding uses and transit.
— City of San Diego’s Planning Department report
Submitted project application to City and began outreach program
Held City public meeting
Released Draft Environmental Impact Report
Hold University City Planning Group, Planning Commission and City Council hearings
“Costa Verde Center has been an integral part of University City for nearly three decades, serving the everyday needs of the local community, and we are committed to ensuring that it stays this way,” said John Murphy, vice president of investments and project executive for the Costa Verde project for Regency.
When Costa Verde was built in 1989, there was little else around it. Since then, several multi-story apartment buildings have gone up and more are planned, including four apartment towers adjacent to the shopping center. “It [Costa Verde Center] has performed well for us,” Regency Centers’ Vice President John W. Murphy said, “but the center has become outdated…”
– San Diego Business Journal
Download PDF of the article here!
The City of San Diego released the project’s Draft Environmental Impact Report (EIR) on January 31, 2018. This is a major milestone for the project, as it allows the community to offer comments about the project. The Draft EIR can be reviewed on the City’s website. Comments can be submitted to DSDEAS@sandiego.gov until April 2, 2018.
– The Times of San Diego
Download the Draft EIR here!