As of September 2020, part of the Manchester Pacific Gateway plan as we knew it was recently sold to Real Estate firm IQHQ that is taking over 5 city blocks (over 8 acres) and is calling the plan the San Diego Research and Development District (RaDD).
RaDD is being described as a massive lab-filled campus aimed to attract the heavy hitters in the pharmaceutical industry.
The first phase of the district is estimated to be completed by 2023. The project will include one 17 story tower and a series of mid rise buildings (total of 5 buildings) as well as a museum, 3 acres of green space and rooftop decks. The cost of the project is estimated to be over $1.5 billion.
The ground level promenade will have approximately 200,000 sq ft of retails space and will be catered to multi level restaurants, marketplaces and trendy grocers.
Design firm Gesler is working with developer IQHQ to create attractive buildings with natural light and enjoyable green spaces.
Manchester Financial Group kept three blocks of the site’s plan to develop a hotel and a 1.9 acre plaza. No estimated time of completion has been set for this part of the project yet.
The new proposed plan has yet to go thru various approvals from government regulatory authorities as this is a significant land use change from what was proposed before which was mainly office space and hotel use.
We will keep updating this blog post as new information becomes available. Thanks for sharing!
Pacific Gateway Location
Buildings around this area include Bayside, The Grande, Sapphire Tower, Savina and also Electra and Pacific Gate which sit right across from the Pacific Gateway project.
Downtown San Diego Condos.
LOOKING TO PURCHASE A CONDO AROUND THIS LOCATION?
We are the top selling brokerage at Savina and also combining Savina and Pacific Gate together with over 15 residences sold. Two of our team members worked for the original BOSA sales team at both Savina and Pacific Gate and are now part of our team. Combined we have sold over $100 million in real estate in these two towers alone. Please contact us if you need any assistance either looking to purchase or sell at Pacific Gate, Savina or any other tower in the Columbia District, we are not just experts but also residents of this amazing neighborhood.