Downtown San Diego Partnership On Why “Campus At Horton” Is Right For Downtown
The San Diego City Council voted unanimously to approve “Campus At Horton” on Monday. It's a redevelopment plan that would turn Horton Plaza into a tech hub.
Stockdale Capital Partners, an LA-based real estate firm, bought Horton Plaza from Westfield back in August with known intentions of redevelopment. When Stockdale announced the purchase, the firm said their new tech hub plan for Horton was expected to create 4,000 jobs, and generate $1.8 billion each year. The approved plan includes changes to the current land use restrictions to allow for downsizing of retail space, however, Stockdale must pay $6.7 million to the city for the lost retail revenue.
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Q: What would you say to people who are longtime residents of San Diego, who may be sad to see this landmark go?
Parker: I would say: before you make judgments, see what we do. That's all I can say. I've been in downtown since 1984. I started with the original street scene. I was working in Gaslamp when you couldn't stay there at night. My parents got worried. I was a college student and they were worried because I was working late hours in Gaslamp. And a lot of people said "you're never going to clean that up. It's going to have the peep shows. It's going to have the adult theaters. It's going to have those dive bars." I think that changed, and we were okay with that.
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