April 7, 2016 Comments Off on $125M Overture Reaches For High Note in San Diego Views: 883 California News, San Diego, West

$125M Overture Reaches For High Note in San Diego

San Francisco-based Presidio Bay Ventures and Sloan Capital seek city approvals to build Overture, a $125-million, 40-story residential tower in downtown San Diego. The development group envisions a 282-unit project that incorporates a re-creation of a portion of the California Theater building.

The urban infill project will require demolition of a nine-story building and movie palace that’s been closed for decades at Fourth Ave. and C St.

Martinez + Cutri architects’ design vision includes replicating the original Spanish Colonial-styled facades, as well as a new “California” theater sign and marquee.

San Diego planning department officials will review the project next month, with final City Council approvals expected in mid-July. The demolition work is slated to start next year, and Overture could be completed by early 2019.

Read More at San Diego Union-Tribune

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