From San Diego Union Tribune:
Costa Verde Center: Hotel, more shops planned; $230 million redo at least 6 years away
As bulldozers chew up Westfield UTC for a major expansion, Solana Beach-based Regency Centers is moving forward with a $230 million upgrade to its 26-year-old Costa Verde Center.
Located on the west side of Genesee Avenue and south of La Jolla Village Drive, the 178,000-square-foot center sports a Boxing Club, Bookstar bookstore, Bristol Farms grocery and assorted shops and eateries.
If approved by the city, the center could include a 200-room boutique hotel catering to young business travelers and add 70 percent more retail space over the next eight years. Construction is not expected to start until 2019.
“This is a place where you come and shop and that’s it,” said Gregg Sadowsky, Regency senior market officer. “We want to change that,” he said. “Not only is it a place to shop but it’s your backyard.”
Neighbors will have a chance to get a taste of what that backyard might look like at a community open house at 5 p.m. Thursday [November 12] at the center. They’re promised free pizza and ice cream in exchange for offering ideas.
For complete article, go to http://www.sandiegouniontribune.com/news/2015/nov/10/costa-verde-center-hotel-more-shops-planned/. Subscription may be required.
Note: Regency Centers is a sponsor of the University City Summer Concert Series.
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