NEWS RELEASE

Date: September 11, 2006

Contact: Derek Danziger

(619) 533-7103 or

www.ccdc.com

PEDESTRIAN BRIDGE REACHES MAJOR MILESTONE

Downtown Harbor Drive Pedestrian Bridge Obtains PUC Approval

San Diego, CA— The California Public Utilities Commission (PUC) formally approved construction of the Pedestrian Bridge at Park Boulevard and Harbor Drive at their headquarters in downtown San Francisco on Thursday, September 7. The Commission voted unanimously to grant the request of the City of San Diego, submitted by the Centre City Development Corporation (CCDC). The PUC is the regulatory agency which governs rail crossings in the state of California.

“This is an exciting and important infrastructure project that will improve pedestrian access to the highly used area near PETCO Park,” said CCDC President Nancy Graham. “The bridge’s world-class design will add an artistic focal point and gateway to the city. The PUC’s approval is a pivotal step in completing this important project.”

The pedestrian bridge will complete a 100- year old vision of a Park-to-Bay Link, connecting Balboa Park and San Diego Bay. It will provide a safe crossing over a heavily traveled Harbor Drive and existing train and trolley tracks. The bridge will improve traffic circulation and access to and from the waterfront, Barrio Logan, and a rapidly developing East Village neighborhood. It will also connect the 2,000-space Hilton San Diego Convention Center Hotel Parking Facility with Park Boulevard.

The project is expected to begin construction in 2007, with completion targeted in 2008. The self-anchored suspension bridge design features a 500' curved span, stainless steel wrapped suspension cable railing, a 2-car glass elevator tower, landscaped plazas and public art installations throughout.

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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.