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The Current

  • San Diego selects team to convert 101 Ash St. into low-income housing

    San Diego selects team to convert 101 Ash St. into low-income housing,Jennifer Van Grove

    A development team led by two women, including one local land-use official, bested a decades-old affordable housing firm in the behind-the-scenes real estate competition to convert San Diego’s 101 Ash St. office tower into hundreds of subsidized apartments.On Monday, San Diego City Councilmembers vo

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  • Details emerge about dueling bids for 101 Ash St. ahead of potential decision

    Details emerge about dueling bids for 101 Ash St. ahead of potential decision,Jennifer Van Grove

    Two development teams are angling to convert San Diego’s 101 Ash St. office tower into subsidized residential units and share similar visions for the asbestos-ridden building.Monday, city of San Diego real estate negotiators will present the dueling proposals — from a team led by Affirmed Housing an

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  • Dry January: Going Cali Sober

    Dry January: Going Cali Sober,Cole Novak

    This is the third installment in a four-part series. Missed the first piece or second piece? Catch up now and check back next week for the final installment.It’s a Wednesday night, and I’m sitting in a living room with weed elite: the Cannabitch herself, SDM Content Strategist Jackie Bryant. As some

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  • San Diego added 1,200 jobs in December. These were the top industries

    San Diego added 1,200 jobs in December. These were the top industries,Phillip Molnar

    Retail hiring surged in December and brought down San Diego County’s jobless rate to one of its lowest points of the year.The region’s unemployment rate was 4.3% to end the year and overall it added 1,200 jobs, state labor officials said Friday. That rate was the third lowest in 2024, behind 3.7% in

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  • Aerie High Above San Francisco, $15M

    Aerie High Above San Francisco, $15M,Philip Ferrato

    With walls of glass and spectacular bridge-to-bridge views that can only be described as cinematic, this 2-bed, 2.5-bath home at the edge of Russian Hill has been immaculately fitted out like a bespoke suit– no detail left unattended. Floating walls and ceilings, plus the extensive use of walnut pan

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  • 2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach

    2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach,Associated Press

    By ALEX VEIGA, AP Business WriterLOS ANGELES (AP) — The latest evidence that homeownership is becoming increasingly less accessible to many Americans: Sales of previously occupied U.S. homes fell last year to a nearly 30-year low for the second time in as many years.Elevated mortgage rates, a yearsl

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  • Got $5,800 a month? San Diego County house payments soar 112% in 5 years

    Got $5,800 a month? San Diego County house payments soar 112% in 5 years,Jon Lansner

    “How expensive?” tracks measurements of California’s totally unaffordable housing market.Buzz: San Diego County house hunters face potential house payments double what they were five years ago.Source: My trusty spreadsheet tracked this yardstick of affordability by looking at its 37-year history of

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  • The Writer’s Symposium By The Sea Returns Feb. 26–28

    The Writer’s Symposium By The Sea Returns Feb. 26–28,Cole Novak

    On Thursday, Feb. 27, author Sandra Cisneros will be a part of the 30th annual Writer’s Symposium By The Sea at Point Loma Nazarene University, for a conversation about writing with founder and host Dean Nelson. Also appearing at the Symposium are authors Jesmyn Ward and Mitch Albom. Few books have

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  • 16 Things to Do in San Diego This Weekend: January 22–26

    16 Things to Do in San Diego This Weekend: January 22–26,Cole Novak

    Dive into culture and creativity this weekend with a flood of festivals, theater shows, art exhibitions, and more to check out from OB to Oceanside. Budding writers will learn much from hearing the always-observant Fran Lebowitz speak, while theater aficionados can watch a production of the fiery da

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  • San Diego on track for its slowest-ever home sales year

    San Diego on track for its slowest-ever home sales year,Phillip Molnar

    San Diego County was on track for its lowest-ever home sale year as mortgage rates and prices stayed high to end the year.Through November, CoreLogic data shows 25,998 home sales. At that sales pace and with interest rates near 7% at the end of December, 2024 could take the crown for slowest year fr

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  • Unpaid bills, a dead deal and a looming due date. It’s crunch time for the Campus at Horton

    Unpaid bills, a dead deal and a looming due date. It’s crunch time for the Campus at Horton,Jennifer Van Grove

    Filled with theoretical promise, the mostly finished Campus at Horton is a hollow shell of what should be, by now, an employment hub and public attraction demonstrating downtown San Diego’s greatest strengths.More than six years after buying the iconic real estate, developer Stockdale Capital Partne

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  • Fight over Harmony Grove housing project renews fire concerns. ‘We don’t want to die in here.’

    Fight over Harmony Grove housing project renews fire concerns. ‘We don’t want to die in here.’,Teri Figueroa

    The images of the fires in Los Angeles stopped some Harmony Grove residents cold.Debbie O’Neill knows the stress of evacuating as fire bears down. A decade ago, she and her husband fled after they saw the flames from the Cocos fire crest a nearby hill and hurtle down toward their Harmony Grove home.

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  • Wednesday is the last day for January 2024 flood victims to apply for property tax relief

    Wednesday is the last day for January 2024 flood victims to apply for property tax relief,Emily Alvarenga

    As the one-year anniversary of historic San Diego flooding nears, the county Assessor’s Office is reminding property owners affected by it to file for property tax relief ahead of the upcoming deadline on Wednesday.Flood victims who had at least $10,000 in damage to their home or commercial property

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  • 20 Fun Valentine’s Day Ideas in San Diego

    20 Fun Valentine’s Day Ideas in San Diego,Cole Novak

    No shade on a coffee date (I’ve gone on many great ones!), but you could do that anywhere. When living in a place people select as their proposal destination, the pressure’s on to pick a Valentine’s Day destination that will make you and your sweetie feel like all those twitterpated critters in Bamb

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  • Unhinged, A Dating Series: The Let Them Theory

    Unhinged, A Dating Series: The Let Them Theory,Nicolle Monico

    I’m not sure I remember the last time I woke up feeling refreshed. I’m told there are those whose eyes open each morning and they don’t feel tired or groggy or like they just ran a marathon hours earlier. My insomnia began sometime after college and, over the years, has gone from being an annoying o

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  • How Carlsbad Became the Golf Equipment Capital of the World

    How Carlsbad Became the Golf Equipment Capital of the World,Cole Novak

    “I started playing golf when I was 16,” David Moon says. “I’m married to the game, and I love this brand.”His affection for Honma Golf is understandable. Clubs from the BERES line, with smooth metals dyed silver, gold, and red, look more like pieces of jewelry than they do sporting goods. It’s Moon’

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  • Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May

    Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May,Associated Press

    By ALEX VEIGAThe average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months.Related ArticlesBusiness | American Express agrees to pay more than $138M to resolve investigation into sales and marketing Business | How much is TikTok worth

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  • San Diego’s biggest home sales in 2024 were in La Jolla

    San Diego’s biggest home sales in 2024 were in La Jolla,Phillip Molnar

    La Jolla was a jewel in the luxury buyer’s eye in 2024.Two La Jolla sales — both for $35 million — were tied for the biggest home sales of the year. Other than those sales, it was a slower year for luxury housing, which mirrored a down sales year for the whole market. The region’s biggest-ever home

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  • Spin Nightclub Enters a New Era Under Local Nightlife Legends

    Spin Nightclub Enters a New Era Under Local Nightlife Legends,Cole Novak

    Spin Nightclub has been a cornerstone of San Diego’s nightlife scene for 18 years. It’s where genres collide, communities thrive, and music pounds through the early hours. But now, under the ownership of nightlife industry vets Brandon Colt and Brandon Garva, who bought the club last August, it’s en

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  • ‘It only takes one.’ Flush with cash, IQHQ bullish on life science hub on San Diego Bay

    ‘It only takes one.’ Flush with cash, IQHQ bullish on life science hub on San Diego Bay,Jennifer Van Grove

    Quiet for much of last year, particularly amid speculation about the prospects of its mega projects, San Diego-based life science real estate developer IQHQ appears to be taking a different tack in 2025.The firm announced last week that it raised $900 million in capital in 2024 from existing equity

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