Thousands of new apartments are set to open in the county this year, with the largest complexes outside of downtown.
SAN DIEGO — Thousands of new apartments are set to open in San Diego County this year, with the largest complexes outside of downtown San Diego.
Analyzing data from real-estate tracker Co-Star, Moeder said there would be 4,600 new apartments coming online in the county 2022. While the amount is similar to recent years, the shift is that the biggest complexes won't be in downtown, but in suburbs like Chula Vista, Mission Valley, Kearny Mesa and La Mesa.
The complexes will have a wide range of amenities to attract renters to live outside the heart of the city. "Simply put, San Diego has a tremendous need for housing. On the supply side, San Diego, like much of California, cannot build housing quickly enough given the scarcity of buildable land and the lengthy timeline to obtain government approvals," developer Ryan Companies said in a statement."On the demand side, few locations can compete with San Diego’s coastal location, beautiful year-round weather, and high quality of life.