At a cost of $275 million, a new mixed-use project in San Diego will combine residential space, office space, and retail space with a University of California-San Diego campus extension. The project, designed by Carrier Johnson + CULTURE and dubbed Parks & Market, recently broke ground at its location five blocks away from the San Diego Padres’ Petco Park.
A 34-story residential tower will be the tallest component of the development. It will comprise 426 residential units, 85 of which will be set aside for affordable housing. Retail and restaurant space will be located at street level. There will be below-grade parking for up to 560 cars
Courtesy of Carrier Johnson + CULTURE.
Parks & Market’s most unique aspect is the 66,000 sf of space designated for use by UC-San Diego. The Innovative Cultural and Education Hub will be the satellite campus for the university and will bring one of the area’s largest learning institutions to San Diego’s downtown.
The historic Remmen Building, which is located on site, will be preserved as part of the project and a themed public plaza will celebrate the neighborhood and its history.