Offer Date: Friday September 9, 2022.
The corner parcel is zoned for high-density residential (CC-3-8), with a Complete Communities FAR of 8.0. Enclosed is a yield study for 50 units in 4 over 1 construction using the City’s Microunit Ordinance. The site is in a Transit Priority Area and a High Resource area.
One block north on Park Blvd is a Sprouts Grocery store and within 6 blocks is a Whole Foods, Trader Joes, Vons, Ralph’s and Target. Hillcrest has a high concentration of local cafes, restaurants and shops catering to the affluent urban renter.
Employment: Hillcrest is a major employment center with three major hospitals: Scripps Hospital, UCSD Hospital, Balboa Naval Hospital. Scripps just completed the Scrips MD Anderson Cancer center on its campus. UCSD is currently under construction on a new hospital wing and parking.