The $1.3 billion Manchester Pacific Gateway project, in the works on the downtown waterfront for nearly 30 years, finally gets green light from the City Council. This 3-million-square-foot project is the biggest, most expensive project in downtown San Diego history. Planned development will include office towers, restaurants, entertainment, open space and parks, a museum and a shopping center.
Inspired by Rockefeller Center in NYC, the waterfront project, it will be built between Pacific Highway and Harbor Drive on 13.7 acres of land. Seven buildings and a 1.9-acre public park would replace the 1920s Navy Broadway Complex and include a new Navy regional headquarters at no cost to taxpayers.
Construction is set to begin in March. Meanwhile, Manchester is awaiting a federal appellate court ruling as to whether it meets standards in place from the National Environmental Policy Act.
Once finished, Manchester Pacific Gateway is expected to bring the city well over $12 million in tax revenue from the hotel alone, plus millions in property and sales tax.