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NEWS RELEASE
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Date: June 01, 2007
Contact: Derek Danziger
619-533-7103
danziger @ ccdc.com
CCDC News: CCDC Seeks Developer For Ninth and Broadway Affordable Housing Site
NEWS RELEASE
Date: June 1, 2007
Contact: Derek Danziger
(619) 533-7103 or
Tiffany Metti
(619) 533-7136
www.ccdc.com
CCDC SEEKS DEVELOPER FOR
NINTH AND BROADWAY AFFORDABLE HOUSING SITE
San Diego, CA—Centre City Development Corporation (CCDC) issued a Request for Letters of Interest today to identify a qualified development team to develop an affordable rental housing project on a Redevelopment Agency owned property in downtown. The site is 25,000 square feet located on the southeast corner of Ninth Avenue and Broadway in downtown’s East Village neighborhood. The project is envisioned as a high-rise tower of Type I construction with 250 or more units for entry-level workers and students. Of the 250 units, a minimum of 140 units will be living units (small studio apartments). A total of 25 units will be set aside as supportive housing units for special needs population.
"CCDC remains committed to expanding the supply of affordable housing downtown,” said CCDC President Nancy Graham. “With $103 million in funding for affordable housing this year (CCDC’s largest commitment to date) and the use of Agency-owned sites as development opportunities, 9th and Broadway offers an exciting public/private partnership to fulfill a critical need."
Interested developers are invited to submit letters of interest with their basic project concepts and development team information. Based upon a review of these letters, a short list of qualified developers will be selected to proceed to the second phase to submit full development proposals. A Pre-Submission Conference has been scheduled for Monday, June 11 at 2 p.m. at CCDC’s Downtown Information Center located at 225 Broadway, Suite 160 (First Floor), in Downtown San Diego. Details of the Request for Letters of Interest are posted on the CCDC website at http://www.ccdc.com/index.cfm/fuseaction/rfp.home.
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CCDC is a public, nonprofit corporation created by the City of San Diego in 1975 to facilitate the redevelopment of downtown’s 1,500 acres. The corporation’s employees have expertise in commercial and residential development, planning, engineering, finance, marketing and communications.
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About CCDC
Centre City Development Corporation (CCDC) is a public, nonprofit corporation established in 1975 by the City of San Diego to plan and facilitate the redevelopment of downtown’s 1,500 acres. To learn more, visit: www.ccdc.com
Special Notes: CCDC's News Digest can be delivered to your e-mail address. Simply fill out our email form to choose the type of messages you would like to receive. CCDC's regular meetings held at City Hall are televised live on City Access TV channel 24-Time Warner and Cox Cable.
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