It was recently announced that the Intercontinental Hotel will be returning to San Diego for the first time since 1987. The Intercontinental will be 19 floor high, 400 room hotel and cost roughly $219 million to complete (Fall 2018 completion date). Construction began on January 2016.
The hotel will be built on the lot directly southwest from The Grande Towers and northwest of the upcoming Pacific Gate luxury condo tower.
Read the full Union Tribune article.