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San Diego Sports Arena Redevelopment

Midway Rising

Midway Rising Rendering

 

Background

On Oct. 4, 2021, the City of San Diego issued a Notice of Availability (NOA) to lease 48.5-acres of surplus property located at the San Diego Sports Arena site in the Midway District. Five different development teams submitted unique proposals to redevelop the Sports Arena site that were deemed responsive to the City’s NOA. In accordance with the State’s Surplus Land Act, the City led a 90-day good faith negotiating period with each team, which was then followed by a robust due diligence and analysis phase of three remaining shortlisted teams conducted by an independent third-party consultant, Jones Lang LaSalle (JLL). On Tuesday, Sept. 12, 2022, the San Diego City Council formally selected the Midway Rising team to pursue redevelopment of the San Diego Sports Arena site.

What’s Next?

Over the next two years, the City of San Diego and Midway Rising will engage in exclusive negotiations to fine-tune details of Midway Rising’s original proposal, develop a comprehensive project plan and conduct an environmental analysis under the California Environmental Quality Act. Following the exclusive negotiation period, the City Council may consider a long-term lease with Midway Rising to redevelop the Sports Arena property.

Midway Rising’s Proposal

Midway Rising’s proposal is consistent with the Midway-Pacific Highway Community Plan and includes:

  • 4,250 housing units
    • 2,000 affordable units (30-80% Area Median Income)
    • 250 middle-income units (80-120% Area Median Income)
    • 2,000 market-rate units
  • A modern, 16,000-seat sports arena
  • A multi-acre central urban park
  • A hotel and mixed-use entertainment, arts and cultural district