Phoenix Realty Group
Home About Us Business Lines Properties Our Team News Contact Us  
Properties


Eastlake Village
EastLake Village
Limited Edition

2080 & 2090 Otay Lakes Road, Chula Vista, California
Description:

The EastLake Village Limited Edition development project will consist of ten commercial buildings. The office condominium units will range in size from 4,416 net saleable square feet to 9,984 net saleable square feet, and each unit will be sold individually as an office condominium. The project will include construction of a surface level parking lot and will contain a total of 228 parking spaces.

Location:

The project is located within the EastLake Village town center master planned area, in the City of Chula Vista, which is located 17 miles southeast of downtown San Diego. The site is just east of SR-125 which, once completed, will terminate at a new international border crossing with Mexico.

Size:

62,784 net salable sq ft on 4.14 acres

Community Benefits:

EastLake Village will make available much needed "incubator" office space to locally owned small businesses and provide them the opportunity for ownership of commercial real estate. The ownership opportunity will strengthen the connection between the business community and the surrounding neighborhoods.

Developer:

Urban+West+Strategies specializes in creating mixed-use urban and transit-oriented communities in both Orange and San Diego Counties. Urban+West+Strategies has more than 300 units in their pipeline, all of which are mixed-use developments with live-work lofts, town homes and retail components.

Project Cost:

$16,000,000

Financed By:
  • The San Diego Smart Growth Fund is managed by Phoenix Realty Group LLC, a national real estate investment firm providing capital and expertise to urban developers for the creation of middle market for-sale housing, urban smart growth development, low-income tax credit housing and community revitalization projects
  • Urban + West + Strategies
  • Community Bank

San Diego Smart Growth Fund