[CPEO-IRF] Broadway Naval Complex agreement (San Diego, CA)

[Lenny Siegel <lsiegel@cpeo.org>]

Developer, Navy sign lease on complex
Roadblocks remain before work can start

By Mike Freeman
SAN DIEGO UNION-TRIBUNE (CA)
December 1, 2006

SAN DIEGO – The Navy and hotel magnate Douglas Manchester reached a 
milestone Friday in developing the controversial Navy Broadway Complex 
downtown by signing a 99-year ground lease.

The lease obligates Manchester to build a $160 million office building 
for the Navy's Southwest Regional Command on the city's waterfront – 
considered one of the top redevelopment sites on the West Coast.

In exchange, Manchester gets the rights to construct offices, condo 
hotels and retail stores on the remainder of the nearly 15-acre, 
Navy-owned parcel, called Manchester Pacific Gateway.


...

For the entire article, see
http://www.signonsandiego.com/news/metro/20061201-2106-bn01navy.html

See also
http://www.nctimes.com/articles/2006/12/02/news/sandiego/17_03_2612_1_06.txt
--


Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org


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