The federal government received detailed proposals from shortlisted development teams who are competing for a 99-year ground lease for the expansive site
The United States Navy has moved into the final leg of a real estate competition to replace its obsolete NAVWAR facilities and remake the rest of the 70.3-acre military campus that bumps up against Interstate 5 in San Diego’s Midway District., but did not disclose how many proposals it received, identify the developers participating in the solicitation or provide a description of the bids.
Owned by the Navy since the mid-1990s, the Old Town Campus at Naval Base Point Loma is home to the military’s Naval Information Warfare Systems Command and Naval Information Warfare Center Pacific divisions. The property, commonly referred to as NAVWAR, consists of two large parcels straddling Pacific Highway with 1.68 million square feet of administrative, lab and warehouse space spread across World War II-era hangars that are said to be past their useful life.
The format is modeled after the agency’s 2006 agreement with Manchester Financial Group for the 12-acre Navy Broadway Complex opposite San Diego Bay. The experimental public-private partnership eventually resulted infor Navy Region Southwest, Naval Facilities Engineering Command Southwest and Navy Region Southwest Reserve Component Command. Manchester later sold off the remainder of the site to developer IQHQ, which is currently building a large life science complex and public park.
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