|Use:||36 SFD Residential|
|Civil Engineer:||Pasco Laret Suiter & Associates|
|Development Manager:||LaTerra Development, LLC|
The 6.9 acre site is located in an established infill residential neighborhood south of downtown San Diego at the intersection of Parkside Avenue and Landscape Drive, and is conveniently close to State Highway 54, Interstate 805 and Interstate 5 which are arterial transportation links to major employment centers, within the San Diego metroplex. The site is within an easy commute of well known employers such as the US Navy, Qualcomm, General Atomics, and several major universities and hospitals.
The San Diego market is experiencing a severe lack of new home inventory, and along with the changing and shifting demographic trends, contributing to driving up home values. This creates a draw for those that are priced out of the downtown San Diego neighborhoods and a demand for homes in areas in close proximity to their work and shopping destinations.
LaTerra’s plan for the property is to create a community of more than 30 detached homes, on lots averaging at least 5,000 square feet. Home prices and designs will be compatible with those of the surrounding neighborhood, and construction is planned to start approximately 6-9 months following approval of the development plan by the City.