Downtown San Diego is experiencing quite an abundant growth of apartment buildings for 2012 and 2013. There are a few factors that account for this, but the number one reason is that developers can get financing for apartment buildings, but they cannot get financing for new condo buildings.

Broad Stone Apartments Downtown San Diego

Little Italy is seeing quite a few new apartment buildings that will change the landscape of the community. At the north end of Little Italy is Broadstone Apartments. Broadstone is located at the south west corner of Grape and Kettner on the site of the old VW car dealership sales center and lot.

Little Italy – San Diego’s most desireable community

Broadstone will include 201 units and will feature both apartments and ground level retail space. The Broadstone Apartment Building will include 6 floors and will stand at 85 feet tall. The building includes subteranian parking which will feature 321 parking spaces.

The impact of Broadstone will be to reduce noise from Grape Steet and planes taking off at the airport for buildings like Doma Lofts and it will also contribute more retail to an already bustling Little Itlay marketplace. The expected completion date is fall of 2013