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Market Update | Dec 23
Jon Granston | December 23, 2024
Jon Granston | December 23, 2024
Top Headlines: Delivered by Granston Group
December 23, 2024
01 Camino Del Mar Bridge Project Approved. The California Coastal Commission has approved the Camino Del Mar bridge project, which aims to enhance infrastructure and improve safety in the area.
03 Seaport Village is undergoing significant redevelopment, aiming to revitalize the area and boost economic activity. The Port of San Diego has approved plans to transform the Central Embarcadero, including Seaport Village, into a vibrant waterfront destination. This project is expected to enhance tourism, create jobs, and stimulate the local economy.
04 San Diego FC, set to debut in Major League Soccer (MLS) in 2025, has been actively building a competitive roster and organizational structure.
Potential Signing of Kevin De Bruyne: Reports suggest that San Diego FC is interested in signing Manchester City’s midfielder Kevin De Bruyne. The Belgian international could bring world-class talent to the squad, enhancing the team’s profile ahead of their MLS debut.
San Diego FC has announced its 2025 MLS regular season schedule, with the inaugural match set for March 1, 2025, against LA Galaxy. The season will conclude on October 18, 2025, with an away game against the Portland Timbers.
05 San Diego’s real estate market remains highly competitive, with property prices continuing to rise due to limited inventory and sustained demand. Neighborhoods like North Park and South Park are particularly sought after for their vibrant communities and amenities. Investors are also eyeing areas like Imperial Beach and West Chula Vista for their potential growth and relatively affordable coastal properties.
06 The Local dining scene continues to thrive, with several establishments receiving accolades. The 2024 Eater San Diego Awards highlighted notable spots such as Yakitori Tsuta, named Best New Restaurant for its refined yakitori omakase experience, and Happy Medium, awarded Best New Bar for its diverse cocktail offerings. Additionally, as New Year’s Eve approaches, local restaurants are preparing special menus and events to celebrate the occasion.
