Major Mixed-Use Development Park & Market Breaks Ground
Partners in Park & Market, a 562,000-square-foot mixed-use development for San Diego’s East Village neighborhood, broke ground on the project in a public ceremony.
Designed by global architecture and design leader Carrier Johnson + CULTURE, the $275 million development combines residential, office, retail and a University of California-San Diego campus extension, at a site just five blocks from Petco Park baseball stadium.
Carrier Johnson + CULTURE’s design for Park & Market development integrates a vibrant mix of public and private uses, including a 34-story residential tower, destination retail venues at street-level, restaurant space, 66,000 square feet designated for use by UC-San Diego, and below-grade parking for 560 cars. The project also includes work to preserve the historic Remmen Building located on the site, as well as a themed public plaza celebrating the neighborhood and its history.
Particularly noteworthy is the inclusion of the Innovative Cultural and Education Hub, the satellite campus of UC-San Diego, which collaborated with Holland Partners in developing the project. Adding to the value of the development for the community, 85 of the 426 residential units in the high-rise tower will be earmarked for affordable housing.
“The Park & Market development is a bold and exciting advance for San Diego's growth, and for urban transit-oriented mixed-use,” says Michael Johnson, AIA, NCARB, design principal and partner at Carrier Johnson + CULTURE. "The combination of scales and uses will help ensure the development serves as a vibrant mixed-use community, while also bringing a major institution of learning to San Diego’s downtown.”
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