Gershman Properties has purchased San Elijo Hills Town Center, a lifestyle center located at 1620, 1628, 1640 and 1646 San Elijo Road in San Marcos. Ambient Communities dba SEH Lifestyle Center LLC sold the asset for $16 million. Built-in 2019, the property features 23,076 square feet of retail space. Current tenants include Starbucks Coffee, Cyclebar, Everbowl, Sourdough Bread Co., Tapa Tapa Spanish Restaurant, SETS Kitchen & Bar, Lourdes Mexican Food, Grand Vision Optometry, San Elijo Pediatric Dentistry and Downtown Academics Tutoring. Rob Ippolito, John Jennings and Glenn Rudy of Newmark Knight Frank represented the seller in the transaction.
Category Archives: HomeFed
Community Developer Kent Aden Inducted into the San Diego Building Industry Association’s Hall of Fame
Kent Aden, a licensed architect, developer and the visionary behind many of San Diego’s most honored master-planned communities, was inducted into the San Diego Building Industry Association’s (BIA) Hall of Fame on Feb. 3, during a ceremony at the Marriott Marquis San Diego Marina. The Hall of Fame recognition is the highest honor bestowed by the organization, which comprises 800 member companies throughout San Diego County.
Aden was inducted by David Hammar, president of Hunsaker & Associates San Diego, Inc., who praised Aden’s leadership in the industry, contributions to the community and devotion to his family.
Hammar said, “Kent has been in the building industry for over 35 years, involved in the planning, community design and entitlement of master plans that will produce over 40,000 homes. I have been fortunate to draft in his wake for much of my professional career and even more fortunate to call him a friend.”
Aden has been a passionate advocate for walkable, pedestrian-centric communities that encourage neighborliness and community interaction. He has left his imprint on South County’s communities of Eastlake and Otay Ranch during his career, which included 11 years in executive positions with the Eastlake Development Company and 18 years with The Otay Ranch Company.
Aden’s current position, vice president and senior development officer for HomeFed Corporation, involves communities on both coasts. He is responsible for managing entitlements, design and development for the 700-acre SweetBay community in Panama City, Florida, the 6,200-acre Otay Land Company project in Chula Vista, and the 2,600-acre Fanita Ranch in Santee. He is also overseeing the completion of the final phase of the San Elijo Hills community in San Marcos.
“The greatest satisfaction I have had in my career is to build great communities and get to see residents enjoying the lifestyle,” Aden said. “The design of each community builds on what we have learned from previous projects and what we learn visiting the best communities around the country. Just as architectural innovations are creating better living spaces, community design trends are creating more inviting and hospitable communities.”
Aden has been active in the BIA of San Diego for 34 years and served as president in 2003. He also chaired the 2008 Pacific Coast Builders Conference (PCBC) in San Francisco, which attracted 33,000 participants. For 18 years he was a director of Housing Opportunities Inc., which developed affordable housing in San Diego County.
In addition to his roles in the building industry, he has been a member of the board of the San Diego International Sports Council and managed Little League Baseball.
Aden was the co-chair of the 2009 Miracle Maker’s Gala for Rady Children’s Hospital and received the 2008 Spirit of Life® Award from the City of Hope’s San Diego Construction Industries Alliance.
He has an MBA degree from California State University, Fullerton, and a BA degree in architecture from the California Polytechnic State University, San Luis Obispo. He lives in Coronado with his wife Toni. Their two children are attending college.
San Elijo Hills Towncenter Update from San Elijo Hills Development Company & Ambient Communities
Dear San Elijo Hills Residents,
As an update to last year’s town hall meeting (during which we shared the designs that you’ve seen reflected on the banners in the Towncenter), we are happy to report that we have been working cooperatively with Ambient Communities, and the City of San Marcos toward finalized designs and approvals for the second phase of San Elijo Hills Towncenter.
In that effort, we are very hopeful to receive a Site Development Permit before the end of March. Assuming we and the City are able to meet this important milestone, we intend to process the Precise Improvement Plans starting in March so that we can begin grading by early June. Vertical construction is planned for September, with the first shops opening their doors around April of 2018.
Ambient has been actively considering leasing interest for the past many months and looks forward to announcing the first businesses by mid-Summer of this year. A sincere thank you to many of you who have referred the Towncenter to businesses you would like to see open shop here in your community.
As we progress over the next several months, we will continue to provide updates to our efforts and refinements to these anticipated timelines.
San Elijo Hills Development Company & Ambient Communities
*Note the San Elijo Hills Community Association (HOA) will still maintain an office in the location of the current Visitors Center
SAN MARCOS — Land that has sat vacant for years in the commercial heart of the San Elijo Hills community may sprout shops, restaurants and two dozen townhomes, possibly by late 2017.Residents and city officials have waited for years for the right project to complete the community’s Town Center, a retail hub that was supposed to serve the thousands of homes built in the sprawling master-planned development in southern San Marcos.HomeFed, the publicly traded company that manages San Elijo Hills, has teamed with Ambient Communities to build a two-phase project on the empty 5-acre space.The plan calls for 33,000 square feet of restaurants and retail throughout seven single-story buildings, with 24 condos — three-story units with rooftop decks.Jeff O’Connor, director of operations for HomeFed, said last week that he is “definitely excited about this because it’s going to complete the Town Center — and the residents will be the beneficiaries of that.”No specific proposals have been submitted to the city yet; that is expected within weeks.
READ MORE VIA Source: San Elijo Hills center may grow again | SanDiegoUnionTribune.com