Coronado
Real Estate
Want to live in a mall? | Fashion Valley JCPenney set to transform into 850 luxury homes
SAN DIEGO — Fashion Valley will soon provide more than shopping. For the first time ever, you’ll be able to live at the mall. Simon, the property owner of Fashion Valley, announced JCPenney is set to transform into hundreds of high-end residences. A Fashion Valley first. The development...
State, federal housing funds to San Diego fell in 2023
California and the federal government gave San Diego County less money last year than in 2022 to build or preserve low-income housing. Why it matters: The 13% decline in funding comes in spite of a regional shortfall of 134,537 rental homes that are affordable for some low- and very low-income households, according to a report from the California Housing Partnership and the San Diego Housing Federation.
San Diego's big year of affordable housing construction may not last
San Diego last year quadrupled the number of permits it issued for homes reserved for lower-income residents, but city planners don't expect that to become a trend. Why it matters: From 2021 to 2029, the city needs 108,036 new homes — with 64,199 of those reserved for income-restricted households — to meet demand, per its state-mandated housing plan.
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