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Convention Center Project Moves Forward with Interim Bond from the City Council

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

Convention Center Moves Forward with Interim Bond from the City Council

The San Diego Convention Center Expansion project has reached another step in the right direction as the City Council authorized $54.4 million in interim bond financing last week.

This bond will not be able to be used until the California Port Commission and a court approves it, something that might happen in March 2013. According to the San Diego Union Tribune and the article “Convention Center funding plan Okd”, the money is to be used to cover utility relocation, site acquisition and construction drawings.

The extension project is also to include an expansion closer to the waterfront in the Marina neighborhood as well as a roof top park for Downtown San Diego residents, visitors and conference attendees to enjoy. ')}