Discover East Village Condos For Sale
East Village Condos and Lofts are some of the most interesting and valuable choices for any buyer interested in Downtown San Diego Real Estate. The East Village, also known as the Ballpark District, historically served as an industrial and warehouse center. However, it is now downtown San Diego’s largest neighborhood encompassing 325 acres, from 6th Street to 16th Street-over 100 city blocks. The greatest growth will be experienced here in years to come with thousands of homes and new office/retail space.
Petco Park, home field of the San Diego Padres, leads the long list of infrastructure development in the neighborhood. Construction is underway for the new Main Library-a 10-story, 400.000 square foot landmark. With a completion date of summer 2013, this newest development will provide civic pride and infrastructure value to the East Village Condos and Lofts. Throughout the East Village artist’s lofts, studios, galleries, restaurants and shops are scattered among residential units ranging from charming to contemporary. The vibe of this neighborhood is one of a trendy urban lifestyle that spills over in to its creations-present and future.
Its proximity to San Diego Bay, San Diego City College, the New School of Architecture, and the new Thomas Jefferson School of Law boosts the East Village’s youthful and creative spirit. The Harbor Drive Pedestrian Bridge, which will connect the San Diego Bay and Balbo Park, will be completed this year. The access provided by this pedestrian walkway will help further develop a neighborhood filled with vision.
East Village Investment Opportunities
The East Village is one of Downtown’s fastest growing neighborhoods with over 40 complexes to be constructed and developed by 2010 and when completed will be compared to famous urban neighborhoods such as the SoMa District in San Francisco and the SoHo District in New York. The neighborhood will be hip and modern with loft complexes, lounges, bistros, luxury high-rises, mid-rises and more. For investment purposes, the East Village neighborhood is a “phase-one” investment as much of it is and will continue to be under construction. Infrastructure like street level retail, restaurants, bars, and local shopping continue to open monthly. The neighborhood recently (October 2006) opened its brand new 43,000+ square foot luxury Albertson’s shopping center. Investors who decide to purchase in the East Village are not afraid to live through the transition and believe in the evolution and creation of the neighborhood. Prices per square foot, therefore, represent a neighborhood that is developing, with potential growth as the neighborhood and its infrastructure matures.