May 22, 2019
Los Angeles-based Stockdale Capital Partners received an approval to redevelop San Diego’s Horton Plaza into a mixed-use office campus. The City Council voted 9-0 to alter a 1981 land-use restriction to maintain 600,000 square feet of retail space at the property, which effectively removes a key hurdle to commencing construction.
Stockdale Capital Partners’ Dan Michaels told the San Diego Union-Tribune, “We’re excited by the support of City Council and committed to making this a success. We’d like to get going as soon as possible, most likely in the next couple of months.”
The center opened in 1985 and quickly gained acceptance as an innovative and popular open-air retail destination. Changing retail preferences and the fortress-like design fueled Stockdale’s decision to reimagine the property as The Campus at Horton. It envisions a $275-million high-tech office park, with 772,000 square feet of office space and 300,000 square feet of retail.
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