SAN DIEGO-Talks aimed at securing six acres near Interstate 15 for a transportation center will begin this month — apparently ending chances for a hotel at the site.

The Metropolitan Transit Development Board will begin negotiations with property owner Win & Long Times aimed at turning the site on West Bernardo Drive into a $500 million transportation center.

Landowners hoped to build a 138-room Homewood Suites by Hilton. However, about a year ago, the transit board chose the site for a bus station and a 250-car parking lot.

The transit center, which would take up to 10 years to build, is part of a plan to reduce traffic congestion in the I-15 corridor.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.