Hines has broken ground on phase one of its 200-acre Riverwalk San Diego development. The project, which has a reported value of $3 billion, aims to transform Riverwalk golf course into a transit-oriented “live-work-play” neighborhood. Phase one of the project includes construction of five buildings that will house 930 residential rental units, as well as 75,000 sq ft of retail space surrounding a central green. The retail space will be anchored by a grocery store along with restaurants, bars, fitness studios and other stores and services. The completion and grand opening of Riverwalk San Diego’s phase one is slated for early 2025. Road widening, new traffic signals and sidewalk and bike lane improvements will also be made during phase one, with an expected completion of late 2023.
Clark Construction is the contractor. The master plan at completion of all phases includes 4,300 homes, 152,000 sq ft of retail, 1 million square feet of office space and 100 acres of parks and open space.