San Diego City Council Approves Wakeland’s Downtown Project
Architect's rendering of Atmosphere - courtesy Joseph Wong Design Associates
June 5th, 2013
In a move which paves the way for the creation of 205 new units of affordable housing in downtown San Diego, the City Council unanimously granted approval yesterday (Tuesday, June 4) to Wakeland Housing and Development Corporation’s Atmosphere project. As the first development approved from the city’s Affordable Housing Master Plan, this decision marks the revival of affordable housing downtown.
Council President Todd Gloria urged his colleagues to give the green light to Atmosphere, saying, “This is a good deal and it reflects what we are trying to accomplish with the Affordable Housing Master Plan."
Atmosphere will be located on Fourth Avenue at Beech Street in the Cortez district of downtown. Pending additional funding approvals, construction will begin in early 2015. Once built, the development will bring a number of benefits to the downtown community, including:
The City Council’s decision is particularly significant for Wakeland since Atmosphere was one of the many affordable housing projects throughout the state that had been placed in limbo following the dissolution of redevelopment agencies that had provided significant funding for affordable housing.
“Wakeland started working on the Atmosphere in 2008, and when the state took away redevelopment, the future of the project became uncertain,” said Wakeland President and CEO Ken Sauder. “This approval puts Atmosphere back on track after a long wait and we are excited to finally move forward on these much-needed affordable homes for our lower-income residents.