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COMIC-CON to Stay in Downtown San Diego Until 2016

By Mike in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2012 with 0 Comments

COMIC-CON to Stay in Downtown San Diego Until 2016As many of you know, the San Diego Convention Center might be undergoing a major $520 million expansion in the heart of the Marina neighborhood of Downtown San Diego. Even though the expansion plans are still in negotiations and not fully approved, COMIC-CON has decided to stay in town through 2016. This is positive news to fans, local Downtown San Diego businesses, and residents as COMIC-CON brings in a reported $68mm annually.

The San Diego Union Tribune and their recent article “COMIC-CON SIGNS ON THROUGH 2016” informs that  for a while now, Mayor Jerry Sanders has been trying to keep San Diego in the counting’s for COMIC-Con’s location, as they had expressed that without an expanded Convention Center they would find another place to call home. One of the reasons for the one year extension is that event organizers have been working to generate additional “off site” space for private parties and extra convention sessions. As a result, an additional 5000 tickets were sold for the 4 day event this year.

COMIC-CON organizers are saying that if the convention expansion does not happen, it might be a problem to stay in San Diego as more and more people attend the yearly event and it would be crucial to have enough space. This one year extension is a sign that organizers do want to remain in Downtown San Diego. Next step is to be on standby to see what happens with the planned extension and the future plans of COMIC-CON. ')}