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New California Rules Could Delay San Diego Sports Arena Redevelopment

City Seeks Clarification on Change Requiring Land To Be Offered First to Affordable Housing Developers
City officials and Brookfield Properties have paused negotiations on a ground lease and other arrangements for the developer's planned $1 billion redevelopment of San Diego Sports Arena. Plans include new housing, retail, office and recreational elements. (Brookfield Properties)
City officials and Brookfield Properties have paused negotiations on a ground lease and other arrangements for the developer's planned $1 billion redevelopment of San Diego Sports Arena. Plans include new housing, retail, office and recreational elements. (Brookfield Properties)
CoStar News
April 8, 2021 | 11:13 P.M.

Brookfield Properties’ planned $1 billion mixed-use redevelopment of property near San Diego Sports Arena could be delayed by a California rule change, stemming from state legislation that calls for city-owned surplus properties to first be offered up to developers of affordable housing.

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