New middle-income housing coming to San Diego's South Bay

Extra middle-income housing is coming to the South Bay of San Diego.

The Candlelight improvement venture will see 450 townhomes constructed within the Otay Mesa space.

“We’re very enthusiastic about it as a result of it’s workforce housing. It’s an entry-level product throughout all 4 communities. It’s going to be priced from the mid $500s to the mid $600,000s,” President of Cornerstone Communities, Michael Sabourin mentioned.

Candlelight is developed by Cornerstone Communities and is one among many developments within the pipeline.

Because the San Diego space works so as to add extra housing, middle-income housing has grow to be a significant focus.

On Thursday, Metropolis of San Diego planners accepted the 44-acre venture.

The location was entitled with a tentative map, deliberate improvement allow, and website improvement allow accepted by the planning fee in July 2018.

The motion taken on Thursday was to increase the unique tentative map for a five-lot subdivision and to amend the residential portion of the venture, in accordance with metropolis planners.

“It truly gives a market that I can afford,” Mark Egner mentioned.

The land is predicted to undergo the grading course of later in 2024.

The person housing models will go on sale within the third quarter of 2025 and the homes are anticipated to be prepared for supply within the fourth quarter of 2025 or early 2026, in accordance with the developer.