By Jonathon Horn on September 28, 2020
SAN DIEGO — SAN DIEGO (KGTV) — A life science development firm has unveiled plans to transform eight acres along San Diego’s waterfront into a mixed-use hub that could attract numerous leading edge companies to the city.
Development firm IQHQ announced Monday that it closed on the site along Harbor Drive and will break ground on the project’s first phase this week. The firm says it has entitlements and key permits for new office, lab and support retail space for the complex, called the San Diego Research and Development District, or RaDD. In a news release, the firm said this would be the largest urban commercial waterfront site along the Pacific Coast.
The development is sure to bolster an already vibrant life sciences industry in San Diego, with biotechs clustered mostly in the Torrey Pines area. This could attract more to relocate downtown. The project would be the third major commercial development in downtown, along with the Padres plan to build office space at Tailgate Park, and the redevelopment of Horton Plaza into a tech hub.
Read more via ABC10 News San Diego>>