Posted Feb 20, 2017, 7:18 PM
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It could be worse!
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Join Date: Nov 2010
Location: San Diego
Posts: 1,194
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SoccerCity plan: 4,800 homes, 2 stadiums, parks and commercial space at Q site
By Roger Showley
Quote:
Site: 166 acres plus 67 acres north of Friars Road and south of San Diego River for SDSU athletics and Murphy Canyon training facility for soccer academy
Use: 4,800 homes including 800 student apartments and 480 affordable units and three 300-foot high-rises of up to 26 stories; 2.4 million square of offices, including room for a major corporate campus and usable for SDSU faculty and classrooms; 740,000 square feet of retail, 450 rooms in two hotels; 55 acres of parkland, play fields and neighborhood parks; 16,400 parking spaces; 16-acre site reserved for new NFL stadium; average daily trips at buildout, 71,535
Cost: More than $1 billion in ultimate property value; $150 million for MLS franchise; $200 million for 32,000-seat MLS/Aztec football stadium, half covered by SDSU, expandable to 40,000 seats (22,000-seat only MLS stadium as alternative, costing about $100 million); land cost subject to city appraisal; onsite improvements of about $60 million; $45 million for offsite traffic improvements; $40 million for San Diego River Park; $15 million to demolish Qualcomm Stadium
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http://www.sandiegouniontribune.com/...217-story.html
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