The team behind the Midway Rising plan released a series of new renderings Wednesday depicting how the redevelopment of San Diego’s Sports Arena might appear.
The group behind the effort to revitalize San Diego’s Midway District with an entertainment district and new homes includes affordable housing developer Chelsea Investment Corporation, sports venue developer Legends, market-rate housing developer Zephyr and investment partner The Kroenke Group.
“Midway Rising will soon transform an aging, underutilized property into a thriving new entertainment district with shops, dining, a new arena, new homes and an urban park,” said Brad Termini, CEO of Zephyr, in a news release. “This vision is finally within reach, and we’re excited to bring it to reality for all San Diegans to enjoy.”
The city of San Diego recently released its Draft Environmental Impact Report for the project. The move officially starts the public review and approval process that will determine if Midway Rising can begin construction.
The proposed mixed-use redevelopment of the 48.5-acre Sports Arena property includes plans for 4,250 units of housing, almost half of them affordable, and a 16,000-seat entertainment center.
More than 14 acres have been set aside for parks and open spaces with 130,000 square feet to be constructed for shops and restaurants.
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