Builders and metropolis officers Thursday celebrated the opening of 525 Olive, a $100.2 million luxurious house constructing with panoramic views of Balboa Park, downtown and the bay.
At 20 tales in its elevated Bankers Hill location, the complicated is the best residential constructing in San Diego with rents beginning at $2,440 per thirty days, in line with the Charleston, South Carolina-based actual property developer Greystar.
The practically 300,000-square-foot venture was developed along with St. Paul’s Episcopal Cathedral, which occupies 10,000 sq. ft on the primary ground, 8,500 sq. ft on the underside stage and makes use of the underground parking storage.
Based on Raul Tamez, director of improvement for Greystar, curiosity within the property has skyrocketed since pre-leasing started in February.
The constructing’s 204 residences, now 40% leased, embrace studio, one-, two-, three-bedroom ground plans, and penthouse suites, with houses spanning 533 to 1,625 sq. ft. The complicated additionally gives 18 reasonably priced items for occupants at or under 50% of the realm median revenue, in line with Greystar.
Facilities embrace the Degree 20 SkyClub, a rooftop retreat on the complete high ground, the Park Lounge social space with a meals bar, the Solar Membership with a rooftop swimming pool and lounge, an indoor/outside health studio, a canine run and pet spa, entry to concierge providers and reservable bikes.