To pay for the new football stadium, the City of San Diego Redevelopment Agency is getting help from a New York consultant to help them study on how to pay for it.
Sports Finance consultant Mitchell Ziets and Evolution Media Capitol LLC has been hired, a good sign that San Diego is moving along quickly with the plans and that the desire is on top for a new stadium.
Mark Fabiani, Chargers special counsel, says "that a Downtown San Diego stadium could be built for less than $800 million because parking, freeway access and public transportation already exist in the area." "It's what you do on any stadium project," says Fabiani "You figure out what possible sources of revenue are out there, from the stadium and from other sources. You try to cobble together enough funding to make it work."
Fabiani has said in the past that the team would be willing to spend $200 million on a stadium and that the NFL might be willing to lend the team an additional $100 million, but that revenue from ancillary development - including offices, retail and Downtown San Diego Condos and Downtown San Diego Lofts - would play a big part in a place where public subsidies are a tough sell.
A team of architects has visited the future spot in mind and says that building a new stadium there is not going to be easy but is quite possible. Stay tuned on a follow up blog as soon as the plans on the new stadium develops.
"Hotel Indigo" located in the Gaslamp District in Downtown San Diego has something not every hotel has, their own mascot! Rescued for the local animal shelter, someone who will always greed you with a big smile and welcomes your questions and concerns is the dog "Sadie"! When you enter the hotel, Sadie will be there to help you check in, and make sure your stay at the Hotel Indigo is a great one!
Every Tuesday until December 29th 2009 from 6.30 to 9.30 the Hotel and Sadie is hosting a cocktail event for Downtown San Diego Condo homeowners, Downtown San Diego Loft homeowners, residents and visitors and their dogs. The event is taking place on the 9th floor and your dog can take a swim in the dog pool and socialize with friends. Very tasty dog bones, snacks and bottled water will be served and for their mamas and papas, there will be cocktails from the Phi Bar and Bistro. One dollar a drink will be donated to the San Diego Humane Society and this is the place where Sadie was adopted from.
Why not take some time and have some fun with your loved little one and join Sadie for this Canine Cocktail Party!
This graph is showing how many Downtown San Diego Condos and Lofts were sold by type of sale in the third quarter of 2009! Developer sales had a good start of as many as 160 units sold which is 50% of the total market. Resales were heavy behind with 66 units sold, 20% of the market. Slightly behing is Resales with 57 units sold, 18% of the market and last is Possible short sales with 39 units sold, 12% of the market. Total units sold were 322.
The sales for the third quarter was the highest of all quarters in 2009 with Developer sales staying high, Resales increases and REO's and short sales staying the same.
Tax credit is approved by the Senate through April 2010 and this is good for first time home buyers in Downtown San Diego!
A special guest will arrive to Seaport Village located in the Marina District in Downtown San Diego on Saturday November 28th, 2009! At 1pm a blast of cannon fire will welcome Santa Claus. This time though, his traditional fur trimmed red suit will be replaced by a swim trunk!
The Port of San Diego, Seaport Village and SDG&E are joining together to ring in the holiday season. The arrival will kick off the afternoon filled with holiday music and live entertainment.
A free holiday light exchange will be hosted by SDG&E. Here you can exchange old holiday lights for energy efficient LED holiday lights. You can exchange three stands per person and good facts to know is that LED lights save about 90 percent in enery costs and last longer than conventional lights.
Downtown San Diego Condo home owners in Park Place, Horizons and Meridian and Downtown San Diego Loft home owners in Cityfront Terrace, residents and visitors come on down! There will be kids craft tables, strolling entertainers and music. Staff from Birch Aquarium will be ready to help children in making holiday ornament out of recycled materal. All the ornaments will be used to decorate a holiday tree donated by the Port of San Diego.
Santa will be back on December 19th and 20th, 2009 to have a special breakfast at the Harbor House Restaurant. Free, live musical entertainment will be provided throughout the month and more the more than 50 shops will provide a wonderful shopping experience.
For more information on the holiday festivities at Seaport Village, go to www.seaportvillage.com
Tickets cost $35 and will give you access into over 20 of the East Village/Ballpark District and the Gaslamp District's hotspots where you can get specials on Coors Ligth who is the sponsor of the event! You can get the tickets right here.
An introduction of the 50 greatest Chargers of all time will be announced by the current and former San Diego Chargers. Fountains of Wayne, Super Diamond and DJ Scooter will be performing live on two stages.
For more information about the party please visit www.chargers.com
Whether all cash, or down payments to reach conforming and extended conforming limits of $695,000, people are confident putting cash into Downtown San Diego Real Estate.
Financing is leading the way with 214 units sold with a 66% of the market. Cash has 108 units sold with 34% of the market. Total units sold during this time was 322.
Home First is an industry recognized loan modification and short sale negotiations consulting firm and they are more than happy to help you with any questions you might have in regards to your Loan Modification.
What is the upfront cost for a modification?
There is no up-front cost for us to assess your situation and determine whether you're a good candidate for a modification. This isn't to say we work for free, we don't, but we have never charged an Advanced Fee, we only charge for services that are performed.
What is your success rate?
I'd love to say it's 100%, because that would mean I don't spend time working on files without earning my fee! We are very proud of our success rate, which is over 85%, but it's due in large part to the amount of diligence we put in on the front end. We have very in depth, very candid conversations with our clients as part of a diagnostic process. I wish I could help everyone I talk with, but the truth is that even when someone is in need, they might not necessarily be a good candidate for a modification. With the amount of time and energy involved in each file, it simply wouldn't be fair to our other clients to just "throw against the wall to see what sticks". I know there are a bunch of companies out there that charge all their fees up front and on that model, they might not care about taking on clients who won't get a modification. But because we don't get paid until we perform, we simply don't have the time to play that game.
Don't wait! Contact Matthew C. Scott at 858-581-6648, e-mail MScott@Home-1st.com or fill out a contact information form online here.
The builder - Skandia is a Real Estate Development firm with more than 30 years of experience in all aspects of the San Diego Real Estate and construction marketplace and has built Solara Loft with current and furute amenities in mind to enhace homeowner equity over time.
With only 77 residences on 8 floors, Solara Loft is known to have a popular community feeling with a lot of features not found anywhere close by including;
Health club
Jacuzzi
Racquetball court
Day spa
Men's and Women's locker rooms complete with showers and saunas
A "Solara Loft" home will have all of the hardwood floors, stainless steel appliances, granite and sophisticated finishes that you can expect from luxury homes in Downtown San Diego. You will be surprised by design elements such as custom sliding glass partitions, moveable kitchen islands and oversized Eurostar Tilt and Turn Windows. There is nothing else like it in San Diego. Below is a list of more features;
Between 541 to 1680 square foot
Extra storage available
Approximate price range: $400,000 - $900,000
HOA fees: $450 - $550
FHA and VA approved
2 parking spaces per unit (except studios)
Additional guest parking available
Designer granite tops
Upgraded stainless steel appliances
Cherry wood finished kitchen cabinets
Hardwood floors
Eurostar Tilt & Turn Windows
Ample balconies
Custom designer optional sliding partitions
Custom designer optional moveable kitchen islands
Penthouse level with 12 foot ceilings
Solara Lofts offers a variety of floor plans to choose between. They all have one thing in common, oversized windows and natural light. The interior spaces are open to take full advantage and optional custom sliding glass partitions can be used in many plans to create private rooms without losing the overall feeling of spaciousness. The design flexibility inherent in every Solara Loft can be further enhanced by the use of optional moveable kitchen islands. To see floor plans available please click on floor plans.
Hotel Indigo in the Gaslamp District in Downtown San Diego is keeping its promise to the environment by being a green building and has developed practices into the design, construction and operation of the hotel. Hotel Indigo opened up its doors in August 2009 and is the first hotel to be LEED certified in Southern California. LEED stands for Leadership in Energy and Environmental Design.
The hotel is located on 509 9th Avenue in Downtown San Diego just across the street from Park Loft and a short stroll away from Petco Park.
First hotel in San Diego to achieve LEED certification from the U.S. Green Building Council
One of only 7 LEED-certified hotels in California and one of 19 LEED-certified hotels in the U.S.
First Downtown San Diego building to have a green roof
First LEED-certified hotel in the U.S. for InterContinental Hotels Group
Green Features:
Constructed hotel on previously developed site; implemented waste management plan to recycle non-hazardous materials and divert waste from city landfills
Located in dense urban area within walking or cycling distance to public transportation (San Diego Trolley, buses, harbor ferry), housing, retail and entertainment options
Green roof on 9th and 12th floors with native species of drought-tolerant plants to help reduce heating and air conditioning costs and filter storm water
Runoff; herbs grown in 9th floor Phi Bar Terrace herb garden to be used in menu items at Phi Bar and Bistro
On-site recycling program, including Phi Bar and Bistro pantry recycling/composting on roof
Adoption of eco-friendly food and beverage containers, either paper or recycled corn plastic
Improved indoor air quality due to no smoking policy and quality ventilation systems
Low VOC paints, coatings, sealants, adhesives, and carpet used for better indoor air quality
Design allows for ample natural day lighting to help optimize energy efficiency
Reserved parking spaces and parking discounts for guests who drive low-emitting and fuel-efficient vehicles
Preferred parking for employees that car pool; bike racks and shower facilities for those who bike to work, reducing reliance on fuel and parking spaces
Downtown San Diego Condo homeowners in The Mark and Diamond Terrace and Downtown San Diego Loft homeowners in M2i and Fahrenheit and San Diego visitors take the change to experience something new, visit Hotel Indigo for breakfast, lunch, dinner or the Phi Terrace for an evening cocktail to enjoy the breathtaking views over Downtown San Diego.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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