A Navy building on the leased Port of San Diego property. Image from Google Maps The Port of San Diego‘s board of commissioners Tuesday agreed with the U.S. Navy to end a lengthy lease early on a downtown San Diego waterfront property, freeing the site up for development. The Navy signed a 100-year lease at 1220 Pacific Highway with the city of San Diego on Aug. 9, 1949. The Port of San Diego then inherited the lease when it was formed in 1962. Tuesday’s actions breaks the lease decades early. “This is historic. We are thrilled we have a deal with the Navy that means there will soon be more for visitors and our communities to enjoy and experience along our San Diego Bay waterfront,
Hence then, the article about navy agrees to relinquish lease to 3 5 acres of valuable downtown port land was published today ( ) and is available onTimes of San Diego ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Navy Agrees to Relinquish Lease to 3.5 Acres of Valuable Downtown Port Land )