Hotel, Ferry Landing on Drawing Board
The Park. The San Diego Unified Port District broke ground last week on a $3-million, 22-acre park just north of the San Diego-Coronado Bay Bridge. Due for completion in December, 1987, it will feature bike and exercise paths, several playing fields, a beach and a playground next to the San Diego Bay shoreline.
The Meridien Hotel. Set for construction adjacent to the new park is a 300-room luxury Meridien Hotel. The Meridien Hotel chain, a fully owned subsidiary of Air France, will operate the facility, which will feature a beach, three swimming pools, two restaurants, two bars and six tennis courts. Single rooms at the $48-million hotel are expected to cost about $130 a night.
The hotel is being developed by a group called The Park at Coronado. Among the various general partners in the group are Alan Greenway of San Diego, Baker Sinclair Inc. of Nevada and Coronado Partners, a general partnership that includes Malin Burnham, a well-known San Diego businessman.
The hotel’s completion date also is December, 1987.
The Old Ferry Landing. This development, on the shoreline facing downtown San Diego, consists of 40,000 square feet, part of which will be a Parker’s Lighthouse Restaurant built partially on pilings over the water. Along with a ferry pier to be built by the San Diego Unified Port District, the restaurant will have its own 13-boat guest dock.
The retail complex, described by project manager Jim MacArthur as “like Seaport Village . . . heavy with fast food facilities and gift shops,” is intended to complement the renewed ferry service, which will transport people and bicycles from San Diego for $1 each way.
The developer of this $6.5-million complex on Port District-owned property is Port Coronado Associates, a partnership made up of the principals of the Star & Crescent Boat Co., which operates the San Diego harbor excursion tours, and Southwest Marine Inc., a boat repair company.
Opening is scheduled for next June.
The Pier. The Port District has agreed to build a $635,000 pier next to the Old Ferry Landing project. The 220-foot pier will be a combination fishing and ferry-docking pier.
The Landing. This 288-unit condominium complex at 1st Street and Orange Avenue, across from the Old Ferry Landing, has recently begun sales of units in its first 92-unit condominium building.
The Coronado City Council originally granted the developer, Watt Industries San Diego Inc., a permit to build in 1981 but a fire a few years later destroyed the complex when it was under construction.
The Coronado Bay Hilton. This $80-million development is scheduled for Crown Isle, just north of the Coronado Cays on the Silver Strand.
Developed by Joelen Enterprises, a business composed of the husband-and-wife team of Josef and Lenore Citron, the hotel is to have 450 rooms--including 18 piling-supported suites built over the water--a 97-boat marina, restaurants, a conference center, tennis courts and swimming pools.
Nightly room rates are expected to range from about $80 to more than $100.
“The idea is to be totally self-contained so you don’t have to leave if you don’t want to,” Josef Citron said.
Scheduled opening for the hotel, for which financing is not yet completed, is summer of 1988.
