San Diego Real Estate Development

$300M Hotel Project Threatens San Diego Convention Center Expansion

San Diego Port Commissioners will decide early next year whether to approve a proposal for the hotel project Fifth Avenue Landing. That project is planned for a five-acre site on the bay side of the San Diego Convention Center, land which is also desired by backers who wish to further expand the convention center. 

As reported by San Diego Union-Tribune, Fifth Avenue Landing is a $300 million project that will include two hotels. The first would include 840 rooms across 44 stories with four-star amenities, and the second would be more accommodating to visitors on a budget with 565 beds. The project also calls for an expanded marina and nearly two acres of public park and plaza areas. 

An environmental impact report with nearly 1,000 pages analysis was recently completed and was a crucial step forward in approving the project. The board of the San Diego Unified Port District is expected to hold a hearing in April in regard to the hotel project.

Currently, there is no funding for the desired convention center expansion, which would cost over $600 million. The two competing projects have been battling back and forth for months over the lot.

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