from today's San Diego Business Journal newsletter:
CCDC Puts Out Call for Civic Center Makeover
By - 7/31/2007
San Diego Business Journal Staff
"The Centre City Development Corp. announced July 31 that it has issued a nationwide request for qualifications for the possible redevelopment of the Civic Center Complex in downtown San Diego.
The site is bounded by Third and Fourth avenues, and A and C streets, and includes the city’s administration building, development services center, city concourse building, Civic Theatre and Evan Jones Parkade." ...
"The city has had to lease privately owned space for more than 15 years to supplement what is provided in the administration building, which accommodates only 600 employees, according to CCDC, which oversees downtown redevelopment for the city.
Some tidbits from CCDC:
• City offices are located within eight downtown buildings — four of them leased — representing more than 500,000 square feet of leased space.
• Collectively, more than 3,000 employees work in these properties, which include annual leasing costs of $13.5 million.
• Deferred maintenance on the administration building alone is estimated to exceed $10 million.
• With the majority of leases coming due in 2013 and 2014, and rates projected to significantly rise, the RFQ is seen as a “proactive approach” to evaluate possible savings through redevelopment.
Responses are due Oct. 12. A pre-bid conference has been scheduled for 10 a.m. Sept. 6 in the Silver Room of the Community Concourse, 202 C St.
The RFQ can be downloaded from CCDC’s Web site at www.ccdc.com/index.cfm/fuseaction/rfp.home.
— Pat Broderick"
see next weeks San Diego Business Journal for the entire article
Wednesday, August 1, 2007
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