
Ledcor Development LP broke ground on the $107-million ALARA apartment project alongside its project development partners, Qualico US and Tokyu Land US Corporation, and construction lender Comerica Bank. The eight-story, 213-unit residential project is located at the southwest corner of C Street and 30th Street in the Golden Hill neighborhood of San Diego, which is experiencing a surge in residential and commercial development.
“We’re thrilled to be breaking ground on this transformative project alongside our project partners,” said John Santry, SVP at Ledcor. “ALARA will deliver modern, high-quality homes to Golden Hill, addressing a critical need in a community eager for new housing.”
The property was designed and permitted under the City of San Diego’s Complete Communities ordinance, which is aimed at increasing housing density in transit-friendly areas while promoting walkability, sustainability and public space enhancements. Delivery of rental units is expected in the first quarter of 2027.
The post Ledcor Breaks Ground on Apartments in San Diego’s Gold Hill Neighborhood appeared first on Connect CRE.