Welcome to San Diego Blog | February 2, 2010
Downtown San Diego’s East Village Construction Update

The construction completion date has been a moving target because they didn’t anticipate discovering the prehistoric fossils including TJSL mammoth or the partial skeleton of a gray whale. The exciting finds included the rostrum, left lower jaw, and left shoulder blade, as well as numerous vertebrae and ribs. The geologic age of the specimens are not precisely known, but are between 200,000 and 500,000 years old.
The new construction timeline has the completion date late in the 4th quarter of 2010 with the schools anticipated move in date as January 2011.

The new campus will be a welcome addition to the East Village and is expected to bring in a good number of students who will want to rent downtown San Diego condos.
This should have a positive impact on both the rental market and the downtown San Diego Condo sales prices. It’s as simple as supply and demand. We have an oversupply of rentals right now and with this added demand, it will help bring balance to our market that is oversaturated because of Vantage Pointe San Diego is renting and Strata just opened up and has a huge number of vacant rental properties.
We also expect a number of restaurants and cafés to open up once the school is up and running. It will be good to see a healthy group of young professionals integrate into the East Village neighborhood. New business opportunities for local business owners will present themselves once the school opens its doors.
For a live camera view of the construction, check this out.