Illumina's New i3 Campus Opens,
Providing Room For Expansion
Illumina's new i3 campus in the University Towne Center submarket leverages technology and open floor plans to create an environment where employees can work wherever they are most comfortable and inspired, and gives the company room to grow.
Illumina's i3, which opened Aug. 21, consists of three trapezoidal, all-white glass-and-concrete buildings configured to create a triangular 33K SF outdoor courtyard at the center with a performance stage, bocce ball court, herb garden, restaurant, café and fitness area.
Just off Interstate…
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Push For More Housing Has Apartments Replacing Car Dealerships
Apartments are beginning to replace San Diego car dealerships. The latest examples include the $103.5M Jefferson Pacific Beach, a 172-unit project by Texas-based JPI that will break ground in September on the three-acre site of the former Guy Hill Cadillac…
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Say Goodbye To The Office As You Know It
How the rise of the nomadic creative class will transform where, when and how we work. Physical offices have always defined the working experience. But with the rise of mobile technology and the sharing economy, the tables have turned. A growing millennial workforce has shattered the traditional model of assigned desks and the nine-to-five. People can work from anywhere, at any time, and that has commercial landlords rethinking asset ownership.
Offices of the future will need to be community gathering spaces, places where companies can attract and develop talent. Buildings will become smarter, integrating with personal devices to anticipate user demand. Owners will also have to adapt as shorter leases become the new normal, as company policies shift from always present to always connected.
Download this white paper by Ryan Simonetti, co-founder and CEO of Convene, to find out how you can survive.
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Two New Industrial Projects Underway In North San Diego County
Two new build-to-suit industrial projects are getting underway in North County cities.
Encinitas-based RAF Pacifica Group, a creative industrial developer, has announced development of an 83K SF distribution facility in Carlsbad for San Diego Hat Co., a design-driven brand featuring fashionable…
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Balboa Park Buildings In Need Of Millions In Repairs And Upgrades
An assessment of city parks found Balboa Park buildings are in need of an estimated $120M in repairs to restore them to “good” condition, but park officials say it would cost $285M to put them in “perfect” shape, and even more…
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Baby Boomers May Not Be Ditching The Suburbs In Droves After All
Baby boomers might not be ditching the suburbs en masse for the city as developers assert. Though some boomers have offloaded their homes and turned their attention to condos and apartments in the city, a new report shows the majority of baby boomers are staying put.
“There are two emerging trends, and one is that baby boomers are holding onto inventory,” Realtor.com Director of Economic Research Javier Vivas said. “They're not moving.”
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Student Housing P3s Are Racking Up, And Not Everyone Is Happy About It
University leaders are finding it easier, in an era of tight state funding, to pull the trigger on student housing and campus development using public-private partnerships.
Park West, on 50 acres of former horse pasture land in College Station, Texas, is the latest in P3 development, and it highlights the benefits of the system — and why some are against P3s on college campuses.
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